LINK Market Update and Setup Monday 1/19/2026
- Jan 19
- 1 min read
LINK and LINKBTC are both trading bearish.
LINKBTC declined shortly after Bitcoin, which is why the bulk of the downside printed into the new daily candle rather than being distributed across multiple sessions. From here, the market needs a fresh directional lead, which will primarily come from the next move in Bitcoin dominance.
LINK is currently trading bearish and moving toward the $12.00 support region. A strong bullish reversal is required to reclaim momentum, break the lower-high trendline, and open the door for a rally toward $16.00 and higher.
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