Chainlink May Show Early Recovery Against Bitcoin as Technical Stabilization and Exchange Outflows Align

  • LINK/BTC stabilized at 0.0001368 BTC and is trading near 0.0002278 BTC, signaling a potential trend change.

  • RSI rebound and sideways action suggest easing selling pressure and rising momentum.

  • 2.07M LINK withdrawn from exchanges in 48 hours; exchange balances fell from 200.81M to 187.04M while price rose from $18.39 to $27.64.

LINK/BTC recovery: Chainlink technical stabilization, exchange outflows and RSI rebound suggest early bullish signs — read the full analysis and next targets (COINOTAG).

Chainlink shows signs of recovery against Bitcoin as technical stabilization and large exchange outflows boost investor focus.

What is LINK/BTC’s current recovery outlook?

LINK/BTC recovery currently shows constructive signs: a higher low vs Bitcoin, a rebounding RSI and accelerating exchange outflows point to reduced supply pressure and improving momentum. Confirmation requires a sustained break above the key 0.0001664 BTC level to validate a structural reversal toward higher targets such as 0.00040 BTC.

How significant is the 0.0001368 BTC support level?

0.0001368 BTC acted as a long-term support where buyers re-entered after a multi-year decline from a 2020 peak near 0.0018 BTC. Holding this level preserved the potential for a stabilization phase, while losing it would likely extend the relative downtrend vs Bitcoin.

Analysts now spot 0.0001664 BTC as the immediate breakout target. A decisive daily close above that level would increase the probability of a sustained recovery toward higher structural targets.

How are technical indicators supporting the move?

The RSI has moved up from oversold territory and now trends higher, indicating rising momentum. Sideways price action preceding the rebound is consistent with capitulation and accumulation phases, reducing the likelihood of immediate continuation of heavy selling.

What on-chain signals align with the price action?

Exchange outflows are a key on-chain signal underpinning the price recovery. Analysts reported 2.07 million LINK withdrawn from exchanges in a 48-hour span. Broader exchange balances fell from 200.81 million to 187.04 million LINK between late July and August 2025, coinciding with a price advance from $18.39 to $27.64 before minor consolidation.

Frequently Asked Questions

Is LINK outperforming Bitcoin now?

LINK is showing relative outperformance signs after forming a higher low vs BTC and beginning a rally, but confirmation depends on maintaining support above 0.0001368 BTC and breaking 0.0001664 BTC for a structural reversal.

How do exchange outflows affect LINK price?

Large withdrawals reduce circulating supply on exchanges, limiting immediate sell-side liquidity and often coinciding with upward price pressure. Recent 2.07M LINK outflows align with the price rebound to a $27.64 intraday peak.

What are the near-term targets for LINK/BTC?

Analysts suggest 0.0001664 BTC as the near-term breakout level; a sustained break could target 0.00040 BTC as a longer-term objective, contingent on broader market conditions.

Key Takeaways

  • Support preserved: LINK/BTC held 0.0001368 BTC, preventing a deeper extension of the multi-year decline.
  • Momentum improving: RSI rebound and sideways consolidation indicate easing selling pressure and rising demand.
  • On-chain alignment: 2.07M LINK withdrawn and falling exchange balances support reduced supply pressure; watch 0.0001664 BTC for confirmation.

Conclusion

Chainlink’s LINK/BTC pair displays early recovery characteristics driven by technical stabilization, improving momentum and meaningful exchange outflows. Market participants should watch the 0.0001664 BTC breakout level for confirmation. COINOTAG will monitor on-chain flows and price structure for updates and trade-relevant signals.

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LINK/BTC 1-week price chart, Source: Michael van de Poppe on X

Multi Year Decline and Stabilization

The LINK/BTC pair peaked near 0.0018 BTC in mid-2020 and then entered a prolonged decline that removed much of its relative strength. The downtrend eventually found a support band around 0.0001368 BTC where accumulation appears to have slowed further losses.

At present, LINK/BTC trades near 0.0002278 BTC, a modest gain signaling that selling pressure may have eased. A sustained move above 0.0001664 BTC would be the clearest technical sign that the pair is shifting to a recovery phase.

Indicators Show Strengthening Momentum

Technical indicators corroborate the stabilization thesis. The RSI recovered from oversold levels and is climbing, while price action has displayed extended sideways ranges consistent with capitulation and accumulation.

Analysts emphasize that the recovery is conditional: a failure to hold 0.0001368 BTC would expose LINK to renewed downside and extend the multi-year relative weakness against BTC.

Exchange Outflows Align and Price Recovery

On-chain monitoring shows notable exchange outflows. Analyst Ali reported 2.07M LINK withdrawn in 48 hours, and exchange balances declined from 200.81M to 187.04M between late July and August 2025. These flows coincided with LINK’s price rising from $18.39 to $27.64 before a mild pullback.

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LINK holders chart, Source: Ali on X

The alignment of technical stabilization, rising momentum and reduced exchange supply has made LINK/BTC a focus for traders seeking early recovery setups against Bitcoin.










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