- LINK breaks out of a long-term downtrend, showing signs of strength against Bitcoin for the first time in over two years.
- Whale wallets increased LINK holdings by 22% in the past month, pushing reserves above $5.3 million.
- New partnerships and rising interest may fuel a bigger LINK rally in the coming weeks.
Chainlink has finally broken out of a long and painful two-year slump against Bitcoin. After trading lower for months, the LINK/BTC chart now shows a strong turnaround. This may be the beginning of a much bigger move to the upside.As of press the token is trading at $24.26 with over 6% weekly gain.
Price Breakout Signals a New Trend
For over two years, LINK kept moving lower against Bitcoin. It stayed inside a downward pattern and couldn’t hold higher levels. But that changed in mid-2025. LINK finally broke above that pattern and quickly moved higher.Analysts at World Of Charts emphasize that this could mark the beginning of sustained LINK outperformance relative to Bitcoin.
This breakout came after months of LINK holding a strong support zone where buyers stepped in several times. Once the price moved above that zone, it came back down to retest it. The area held strong, turning from resistance into support.
Now, LINK is making higher moves, and the chart shows signs of strength for the first time in years. This shift could open the door for LINK to target higher levels last seen in early 2023.
Short-Term Pullbacks Are Normal
LINKs price has seen a few small pullbacks after quick moves up.Price has dipped slightly but continues to hold above key levels.This is normal and even healthy during a bigger trend.
If LINK can stay above support and gain more momentum, a move toward $36 could be possible. If not, it may return to retest lower levels around $18 before trying again.
Chainlink seems to be turning a corner. With strong buying, new partnerships, and improved price action, it may finally be time for LINK to shine again.
Whales Buying, Fundamentals Improving
Chainlink is also getting attention off the charts. Whale wallets have increased their LINK holdings by 22% in just the last month. On-chain reserves have crossed $5.3 million, a sign that big investors are confident about LINK’s future.
At the same time, LINK has been making headlines for its growing list of partners. One of the most talked-about is UBS, a major global bank. There’s also buzz around the idea of a Chainlink-based ETF, which could drive even more interest.
All of this is helping to build a stronger case for LINK, both on the charts and behind the scenes.
