/biz/ - Business & Finance

>>55797418
After disconnecting from the cult (and I do on reflection consider it to be that, though same label applies to any hardcore following that considers theirs the One True #3, of which there are many), I do see $100-$200 as delusional.

Picrel is the current view of LINK from some of the largest traders and CT influencers, ones with good track records, better TA, objectivity. Bizlets likes to delude themselves into thinking they're too clever to follow herds (in crypto, of all markets), so instead will round-trip a bag while influencers play/set the memes and volume and actually make money in the <12 month period of bull euphoria you get to do so. Like it or not, LINK does need to be in the spectre of conversation among these sorts and they rarely ever make explicit calls unless they consider it high conviction.

Compare to the ones left shilling LINK, outside the 80% who have "LINK" in their handle. They're the C-tier accounts with the most retarded communities (van de Poppe, SatoshiFlipper, QuintenFrancois, etc), who post the objectively shittiest, most braindead moonboy hopium TA you've ever seen and are rightly mogged for it. Think:
>"ETH/AMZ/MSFT did this so LINK will do this"
>"if you just multiply the LINK market cap by the entire derivatives industry right now today it's really quite a big number"
>"LINK in a bullish descending wedge!" *posts bearish rectangle continuation pattern*
>"400 day accumulation range!" *50% price swings*

Biz says hurrdurr fundamentals, "who needs retail?" Yeah, how'd that turn out for you in 2021? Say we've got 6 months to set up for the bull. You're betting LINK pulls off an unprecedented adoption frenzy, pulling actual off-chain value into smart contracts to actually give it tokenomics, within the next 6 months. If not, it underperforms the cycle again versus ape shit and first-cycle large/mid-cap alts like ARB or OP.