Chainlink: Outperforms Bitcoin as Bull Market Starts

Chainlink has stayed quiet in dollar terms yet climbs steadily against Bitcoin, marking the first sustained outperformance after a bear market exceeding four years.

Price sits at $14.14 inside the Bollinger band with upper resistance at $14.57. The 4h structure remains bullish as price holds above the EMA50 at $14.05 and well clear of the EMA200 at $12.88. Momentum reads neutral on RSI at 49.99 while the MACD registers a golden cross at -0.04, confirming trend strength. Traders now watch for a test of the upper band before any pullback toward the 50-EMA confluence zone.