$LINK is 1 cycle behind on $ETH
The similarities of $ETH cycle 1 and $LINK cycle 1 are insane. The only difference are the percentage increases and decreases (this because the bull run returns marketwide were different in 2017 vs 2021, and the bear market of 2018 vs 2022).
If $LINK continues to follow $ETH's path, this would mean that:
- The bottom is in for Chainlink
- Up only from now
- Similar percentage increase would bring $LINK to $210 at the end of next cycle
- This top would be reached around May 2025
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Another problem with our monetary system of easy money/debt is the insane increase of zombie companies.
In a world with hard money, they would already be bankrupt. How it should be.
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