Chainlink LINK Eyes $60 as Liquidity Model Predicts Parabolic Surge

Chainlink's LINK token is displaying strong signs of a parabolic breakout, with liquidity models projecting a potential rally to $60. Analyst Bull Bear Spot notes a structural parallel between LINK's price action and the M2 global money supply, suggesting a bullish phase similar to past cycles.

Currently priced at $18.39 with a 1.16% daily increase, LINK's technical indicators and liquidity patterns support sustained upward momentum. The token's historical correlation with global liquidity expansions highlights its macroeconomic sensitivity.

The completion of a multi-month rounding base and a series of higher highs strengthen the bullish outlook. The M2 growth trendline, originating from the $6–$9 accumulation range, now shows a sharp upward trajectory reminiscent of early-cycle behavior in previous bull markets.