Chainlink: Uptrend vs Bitcoin Signals Dip Buy

Chainlink has initiated an uptrend against Bitcoin, prompting dip purchases according to trader @CryptoMichNL, with the initial target at 2400 sats that equates to $20+ for $LINK.

Price action on the 4h chart shows $LINK at $11.42 inside Bollinger Bands with upper resistance at $12.01 and lower support at $11.12, while the EMA50 at $11.31 and EMA200 at $9.94 anchor the bullish structure; neutral RSI at 47.22 combined with the MACD death cross at -0.02 suggests a measured pullback toward the 50-EMA before continuation toward the 2400 sats level in the ongoing LINK price prediction cycle.