Following LTCUSD's recent aggressive rise, we thought it would be beneficial to make a quick monthly comparison between Litecoin and Bitcoin.
During the market's last bear market in 2014/ 2015, LTC bottomed on April 2015 and recovered aggressively shortly after. BTC bottomed 4 months after (August 2015) and posted it's own sharp price jump that was the start of the new bull market.
If we apply this simple parameter on today's chart (assuming Litecoin made its bottom in December 2018), Bitcoin should make a bottom this April.
Would you agree that Litecoin can be the forerunner during this market cycle?
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During the market's last bear market in 2014/ 2015, LTC bottomed on April 2015 and recovered aggressively shortly after. BTC bottomed 4 months after (August 2015) and posted it's own sharp price jump that was the start of the new bull market.
If we apply this simple parameter on today's chart (assuming Litecoin made its bottom in December 2018), Bitcoin should make a bottom this April.
Would you agree that Litecoin can be the forerunner during this market cycle?
** If you like our free content follow our profile (www.tradingview.com/u/InvestingScope) to get more daily ideas. **
Comments and likes are greatly appreciated.
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www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial