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Bitcoin 
$104,297 is currently hovering around $105,000, while altcoins have experienced significant losses in the past 24 hours, with declines of up to 5%. The recent drop in Bitcoin’s price has contributed to these losses, aligning with earlier forecasts of fluctuating prices. Even in bullish markets, it is not unusual to see price stagnation, a phenomenon that has been anticipated for some time. The critical question arises: what will be the future price of LINK Coin?
Bitcoin (BTC) Analysis
In today’s market assessment, the situation of Bitcoin has been thoroughly analyzed. The analysts pointed out crucial support and resistance levels, advising what market participants can expect under different scenarios.
“Bitcoin reached a target of $108,000 – what’s next?”
BTC temporarily hit $108,000 but is now correcting.
Key support lies between $101,500 and $102,500. A bounce here could lead to an increase towards $110,000. Will the bulls maintain this threshold, or will a deeper decline follow?”
Chainlink (LINK) Price Prediction
Chainlink 
$17 has emerged as a leading player in crypto infrastructure services, particularly dominating price feeds in the DeFi sector. The company aims for similar success in the RWA domain and has initiated the CCIP project for this purpose. In a recent evaluation by Poppe’s analysis firm, they noted:
“Re-tests and liquidity grabbing are taking place.
In this instance, $LINK dropped below support to capture liquidity and re-test previous support levels. Following this, the initial target is the previous high, potentially resulting in a 50% movement. What’s next?
Possibly, entries around $25-$27.”
The potential drop could present one of the last buying opportunities before an anticipated significant rise next year.
Ali Charts expresses a more optimistic short-term outlook.
“The TD Sequential indicator gave a buy signal for Chainlink $LINK on the 4-hour chart. If the key support at $26.8 holds, #LINK could aim for recovery towards $28.5 and even $30.2.”
After reaching a daily low of $103,137, the price of BTC increased by over $2,000. However, upcoming Fed announcements may lead to significant volatility until the daily close.
