LINK Market Update and Setup Thursday 11/06/2025
- Nov 6, 2025
- 1 min read
Both LINK and LINKBTC are trading indecisively as they await direction from Bitcoin’s broader movement.
Key Outlook:
LINKBTC is currently testing support near 0.000140 BTC and needs to print stronger bullish candles to build momentum. Without this, weakness is likely to persist.
LINK itself is trading below the $16.00 level, which remains a key threshold. A bullish breakout above $16.00 could open the door for a move toward $20.00 and higher, while holding below this level would expose the market to potential downside toward $12.50, especially if Bitcoin continues to weaken.
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