Bitcoin 
$91,967 is currently lingering around $117,640, setting a positive tone for the altcoin market. Many cryptocurrencies are experiencing an upsurge, and sudden spikes have become a norm in the crypto realm. With a calm news flow today, we anticipate potential positive outcomes from tomorrow’s scheduled phone call between Trump and Xi.
Altcoin Market Predictions
Lark Davis highlighted today that the time has come for an altcoin bull run. While he has reiterated this sentiment numerous times, it continues to excite investors. This time might be different, though. The altcoin season index stands at 80, indicating an increasing appetite for substantial peaks, suggesting we might be nearing a pivotal moment.
However, will this bull environment benefit all altcoins? Unfortunately, the answer is no. Over the past two years, many analysts have noted that due to heightened competition and an increase in alternatives, only a select few quality altcoins will truly offer these gain opportunities.
Davis, sharing the altcoin season index, noted that this cycle will differ from the 2020-21 altseason. Only a few quality altcoins will stand out; the rest might fade away, already facing losses of 50-70%. To capitalize on this altseason, one should focus on selecting robust coins.
The altcoin season index is nearing its peak election period and is exhibiting a relatively stable rise, making the outlook optimistic.
Bitcoin and Chainlink (LINK) Insights
For Bitcoin, Crypto Fella pointed out that the target is to break through the long-held channel’s ceiling. If proven right, BTC could surpass the $122k level, returning to a price discovery phase. Despite temporary breaches of support, the environment triggering those movements has dissipated, making a new ATH feasible.
For LINK Coin, Quinten is watchful. Chainlink 
$13 continues to secure significant deals, having added new ones this month alone. With trillion-dollar giants like Franklin and unique partners like Swift collaborating with Chainlink, it is well-positioned. As growth in the RWA space continues, DeFi’s data dominator could expand further.
Chainlink Reserve has been among the most significant moves in recent months for LINK Coin. For these reasons, Quinten believes this period is ripe for the next uptrend, with a target set between $48-$52.
