I'm raising my $LINK price target to $200 for this cycle.
WHY
Chainlink is reducing the circulating supply of $LINK every week.
These are "Buy-Backs," which companies do regularly to increase scarcity and raise the price to protect investors.
Remember, there's a HARD CAP of 1 billion $LINK tokens/shares.
This boosts scarcity at a time when demand for blockchain infrastructure is skyrocketing, and the ultimate supply of LINK is capped...
IF YOU GET IT, YOU GET IT.