hey everyone and thanks for jumping back into the cryptoverse today we're going to talk about chain link and we're going to be taking a tour of its valuations against the us dollar bitcoin and aetherium if you guys like the content make sure you subscribe to the channel give the video a thumbs up and also check out the telegram channel which you can find a link to in the description below now you guys know i am a fan of chain link from a very fundamental perspective and NUMBER_TOKEN was certainly not the year for link that i thought it would be to be completely clear okay i i did think it would perform better in NUMBER_TOKEN than it did and a lot of that comes from what we saw link accomplish in the bear market okay so let's go take a look at that really quick so during the last crypto bear market that more or less lasted from say you know early NUMBER_TOKEN and then we put in the bottom around december of NUMBER_TOKEN for the entire asset class but then we still had you know a bearish type market mixed with an accumulation phase for about the next year or so for bitcoin and i mean again if you don't believe me you can go back and look this was this was sort of the end of the the NUMBER_TOKEN drop we did have some nice moves by bitcoin but it didn't stop us from just coming all the way back down into march of NUMBER_TOKEN okay so sideways movement some bullish times some bearish times but really we didn't get things cooking until later on in in NUMBER_TOKEN. so going back to link while bitcoin did this sort of move where it went up and then it came back down chain link on the other hand just got things moving and one of the reasons i i've had enjoyed having link in my portfolio is is just watching it systematically outperform a lot of a lot of the cryptocurrency market earlier uh in this cycle okay much earlier in this cycle and we saw that happen basically from the end of NUMBER_TOKEN link was just on a tear up through august of NUMBER_TOKEN through august NUMBER_TOKEN so basically from december NUMBER_TOKEN through august of NUMBER_TOKEN link was i mean simply put it was just taking names okay it was just taking names one after another and one of the things we mentioned though that i was somewhat a little hesitant by was you know we know that link can run like crazy when bitcoin volatility isn't you know isn't crazy right and i didn't know i mean i didn't know what link would do when bitcoin went parabolic because we had not just simply never seen it before when link launched it was at the very end of NUMBER_TOKEN and at that time we only had a little bit of data right i mean it launched it came down over the course of a few weeks bitcoin put in its peak and you know december and and link went up during that time but it wasn't really a whole lot of data to work with and this was the chart that we're looking at right for for link going through the years and just seeing it systematically climb through the ranks now what we're going to do is we're going to look at some key valuations that i think are important to watch for chain link because i assure you no one's getting out of bed for a NUMBER_TOKEN link i know it's easy to get excited about some of these small pumps but don't lose sight of the fact that you know in mid-november link was trading for NUMBER_TOKEN and in in mid-august
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