LINK Predicted To Flourish During The Next Bull Cycle: Analyst

• A trader and analyst predicted that LINK could show substantial strength during the next bull market.
• Over the past 24 hours, LINk’s price rose by 1.75%, making it one of the few altcoins that recorded price increases during this time.
• Meanwhile, a noteworthy bullish technical flag was recently triggered on LINK’s daily chart.

The trader and analyst, Altcoin Sherpa, is extremely bullish on Chainlink (LINK).  In an X post shared today, Altcoin Sherpa revealed that he sees LINK as one of the select few cryptocurrencies that he would contemplate acquiring and holding for an extended period of at least six months.

The analyst also shared that he is convinced that LINK is poised to exhibit substantial strength in the upcoming bull market cycle. He based his bullish predictions on LINK’s integral role as a core infrastructure supporting numerous projects as well as the fact that the project has limited competitors.

$LINK: Still 1 of the few coins that I would consider just buying a bag of and letting it sit for the next 6 months+, I think this is going to be a very strong one for next cycle. Core infrastructure for a ton of projects w. few competitors. #LI…

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