Chainlink (LINK) Price Falls Below $7, Are The Bears Back In Control?

The bearish trend a few days ago brought Chainlink (LINK) down to $6.735 on April 26. The bulls tried to recover and drove the price of LINK to a solid 24-hour high of $7.30, but it later fell to a 7-day low of $6.773.
Due to the current FUD and increased regulatory pressure in the United States, Bitcoin’s (BTC) price dropped below $29,000. But if the bulls build strong momentum, BTC may test $30k and climb higher, dragging the rest of the altcoin market, including LINK, with it.
Will Bear