TradingView
Craig_Claussen
May 24, 2014 3:55 PM

Delayed Bull for LTC to begin. Chart is with BTC/USD overlay Short

Litecoin / BitcoinBitfinex

Description

LTC chart on tradingview is a too new to be able to show a better history of it's performance compared to BTC.
If you go to bitcoinwisdom.com you can draw your own lines and see that LTC/USD has broken out of the decending triangle bear. Yet LTC/BTC-e chart shows that it's still in a decending triangle. Has the market, that usually follows BTC's up and downs, been hurt by investors selling LTC to get into BTC bull? Is this correction over? Will it create a rubberband effect and temporarily create an inflated price increase higher than BTC's percentage gains before jumping back on the BTC bull market wagon?
Comments
LastBattle
What if the interest in LTC is declining? There've been a recent spike in Darkcoin interest...
This may never be a 1:1 bull run as compared to Bitcoin
Craig_Claussen
I think that LTC has been around too long to say that it's done for. Dark and it's coin anon ability scares me. As an investor in the USA I see it getting some stern eyes looking upon it by all the ABC government entities that have stated that they want transparency in order for them to accept it as a legitimate system. But that's just my thoughts
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