Going off the pattern by May 2026 it should bottom out, IMO 5-6 dollar is the floor. Probably another touch of it. If you are still holding, you are just going to have to hold until the halving. That said everyone should be aware of what they did to Litecoin.
They screwed retail over for 2 halvings. SOV and marketcap is a function of supply math with cryptocurrency. They broke the math. End of the day it comes down to two things, buying out old investors coins, and controlling selling pressure. They broke the math by controlling the selling pressure. They cut retail out of the past 2 halvings of run ups with the premiums. It was a very scummy thing to do and Charlie is in on it, as are the miners, and greyscale, and more. For the record once people hit the ultrahigh net worth individual range, they join fiat world, and become part of the problem.
What they did has to come to light, they did the opposite of what Satoshi would. The fact that 99% of the market is unaware of it speaks volumes on how deep it runs. Entire cryptotwitter/cryptoyoutube is controlled by the same idiots. There is nothing organic about crypto at this point. Is it functionally better than gold/silver, yes, but it is also more rigged. Just like how they harvested trillions of dollars from gold/silver suppression over the past 50 years, they did the same to Litecoin harvesting 10s of billions. It's disgusting.
They knew if too many honest people got rich off crypto they'd lose influence. There are only about 160k or so ultrahigh net worth individuals, and Litecoin mooning would have made several thousand more. It's the same with BTC they know if average people enter the ultrahigh net worth range they'd lose control. The whole thing is about control, but more importantly getting rich off peoples hopes and dreams. They are truly pieces of garbage.
There is so much insider trading and foul play with Litecoin. Defeats the whole purpose of cryptocurrency. The cost of supporting Litecoin is just not worth it. If the whole thing wasn't rotten to the core the true valuation of Litecoin would be closer to 15000 dollars instead of 80.
They have some nerve gaslighting the very people that believed in digital silver, the very people they scammed out through premiums and collusion, when they sat around for 7+ years doing nothing while everyone else developed apps. The market grew Litecoin didn't. They should be in jail.
Literally scam market. Fake market. Algos hunting liquidity. The light is gone.
They screwed retail over for 2 halvings. SOV and marketcap is a function of supply math with cryptocurrency. They broke the math. End of the day it comes down to two things, buying out old investors coins, and controlling selling pressure. They broke the math by controlling the selling pressure. They cut retail out of the past 2 halvings of run ups with the premiums. It was a very scummy thing to do and Charlie is in on it, as are the miners, and greyscale, and more. For the record once people hit the ultrahigh net worth individual range, they join fiat world, and become part of the problem.
What they did has to come to light, they did the opposite of what Satoshi would. The fact that 99% of the market is unaware of it speaks volumes on how deep it runs. Entire cryptotwitter/cryptoyoutube is controlled by the same idiots. There is nothing organic about crypto at this point. Is it functionally better than gold/silver, yes, but it is also more rigged. Just like how they harvested trillions of dollars from gold/silver suppression over the past 50 years, they did the same to Litecoin harvesting 10s of billions. It's disgusting.
They knew if too many honest people got rich off crypto they'd lose influence. There are only about 160k or so ultrahigh net worth individuals, and Litecoin mooning would have made several thousand more. It's the same with BTC they know if average people enter the ultrahigh net worth range they'd lose control. The whole thing is about control, but more importantly getting rich off peoples hopes and dreams. They are truly pieces of garbage.
There is so much insider trading and foul play with Litecoin. Defeats the whole purpose of cryptocurrency. The cost of supporting Litecoin is just not worth it. If the whole thing wasn't rotten to the core the true valuation of Litecoin would be closer to 15000 dollars instead of 80.
They have some nerve gaslighting the very people that believed in digital silver, the very people they scammed out through premiums and collusion, when they sat around for 7+ years doing nothing while everyone else developed apps. The market grew Litecoin didn't. They should be in jail.
Literally scam market. Fake market. Algos hunting liquidity. The light is gone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.