Chainlink: Trader Eyes Dip Below $10.50 on BTC Sweep

Michaël van de Poppe flagged two entry zones for LINK under $10.50 on any Bitcoin sweep lower, noting the token already delivered strong runs this cycle. Chainlink powers the majority of DeFi through its oracle network and maintains tight historical correlation with Bitcoin dips, making the setup a classic accumulation play for traders tracking LINK price prediction models. At the current $11.82 spot, price sits inside the Bollinger band with lower support at $11.51 while the EMA50 resistance at $12.08 and MACD death cross at -0.12 keep the 4h structure bearish; any wick toward $10.50 would align with the neutral RSI 37.64 and offer clear confluence for dip buying before the next leg higher.