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Exam Name : Oracle Global Human Resources Cloud 2019 Implementation Essentials
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Oracle 2019 outline

Is the bottom In for Chainlink? Crypto Analyst Benjamin Cowen Outlines possible route ahead for hyperlink | 1Z0-1046 practice questions and test Cram

well-known crypto strategist and trader Benjamin Cowen is asking on the state of Chainlink (hyperlink) to look even if the decentralized oracle community is able to ignite its uptrend.

In a new strategy session, Cowen tells his 685,000 YouTube subscribers that Chainlink is the “easy” when the crypto markets are bearish.

in line with Cowen, Chainlink’s performance is inversely correlated to the expense motion of Bitcoin (BTC).

“one of the vital things that they requested ourselves back in 2019 and 2020 turned into that they recognize link does neatly when Bitcoin is bearish and when Bitcoin is going sideways. however they have no idea what link will do when Bitcoin is bullish. we've the query answered. If they didn’t comprehend before, all questions are put aside now. If Bitcoin is bullish, hyperlink/Bitcoin is surely going to bleed.”

Cowen additionally says that with Bitcoin pulling lower back over 40% from its all-time high round $69,000, Chainlink is now in a position to start its bull cycle towards the leading cryptocurrency (hyperlink/BTC).

“that you may see that they even have broken out (hyperlink/BTC). they have broken out to the upside. If they look at it on a log scale, that’s what it looks like… So even though you regarded at the market like that, you might argue that we’ve nonetheless broken out even on a log scale. Now, of direction, they would want to see weekly closes. They don’t desire it to simply be a wick.”

supply: Benjamin Cowen/YouTube

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