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Chainlink

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<p>The crypto markets are heating up, and investors are closely watching for signs of the next major bull run. In this episode of Tech Bro, trading analyst Tim War from Investing Bros joined host Paul Baron to share his insights on where the markets could be headed.</p>
<p>According to War, Bitcoin's recent surge past $66,000 could potentially see it reach $71,000 in the coming weeks. However, he cautioned that this may not necessarily mark the start of the next full-blown bull cycle. Instead, War predicted that Bitcoin could retrace after hitting those levels, with the true bull market potentially kicking off in August or September.</p>
<p>One altcoin that caught War's attention was Chainlink (LINK). He expressed immense bullishness on the project, stating that it could potentially become a top three cryptocurrency by market cap. War's price target for Chainlink ranged from $500 to $700, representing potential gains of up to 45x from its previous all-time high.</p>
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<p>Render (RNDR), the cloud computing token, was another altcoin that War highlighted as a promising investment opportunity. He noted that Render could benefit significantly from the continued success of Nvidia in the AI space, potentially propelling it into the top 15 cryptocurrencies by market cap.</p>
<p>While Ethereum (ETH) has been underperforming recently, War remained optimistic about its long-term prospects. He cautioned, however, that regulatory hurdles could pose challenges, and that the emergence of projects like Chainlink could threaten Ethereum's dominance in the altcoin space.</p>
<p>Overall, War's analysis underscored the importance of diversification and a long-term perspective in navigating the volatile crypto markets. As the institutional adoption of cryptocurrencies continues to gain momentum, projects with real-world utility and institutional-friendly characteristics could be poised for significant growth.</p>
<p><strong>Guest:</strong> Tim Warren, Host of Investing Broz<br>Investing Broz YouTube ➜ @investingbroz Follow on Twitter ➜ @tims_ta</p>
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<p><strong>This episode is sponsored by <a href="https://bit.ly/TangemPBN" rel="noopener noreferrer nofollow">Tangem</a></strong></p>
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Time To Buy Altcoins? Technical Analysis with Investing Broz

Paul Barron Network

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