📊 BTC vs LINK – Daily Trading Insight | August 15, 2025
🚀 Bitcoin (BTC) touched a fresh all-time high above $124K before sliding back to $119K in a rapid pullback. Around $227M in bullish positions were liquidated as traders reacted to hotter-than-expected U.S. PPI data (+0.9%), which shook market sentiment and trimmed Fed rate-cut hopes.
📉 Despite the drop, BTC found strong support near the 50% Fibonacci retracement and the 100 EMA (4H) — key technical zones that may offer a bounce opportunity. Derivative markets remained calm, with futures premiums holding steady between 5%–10%.
🔗 Chainlink (LINK) followed the broader market tone, dipping after BTC’s pullback but showing resilience on its own support zones. While BTC’s volatility stole the spotlight, LINK’s price action hints at steady accumulation by long-term holders.
Key Takeaways:
BTC’s record-breaking run faced a macro headwind from U.S. inflation data.
LINK’s moves were correlated but less aggressive, reflecting investor patience.
Technical supports for both assets remain intact, but volatility risk is elevated.
📈 Trader Tip: BTC dip buyers may eye the $118K–$120K zone, while LINK watchers can monitor $14–$15 for stability.
#Bitcoin #Chainlink #BTC #MarketUpdate #CryptoAdventure #DayTradingTips #CryptoNewss #altcoins