Emanance
Long

Litecoin's Bottom In? 'vs' A Fundamental Collapse in Price?

BTCE:LTCUSD   Litecoin / U.S. Dollar
2964 4 10
Seriously WTF is Litecoin's case!? Day after day It's just keeps on careering toward that lower support line. I keep asking myself, have the fundamentals broken down. Are all these completing altcoins sucking the oxygen out of LTC's afterburners. Has Bitcoin's little wingman lost his style? 'Goose' your in the 'Dangerzone'. https://www.youtube.com/watch?v=siwpn14IE7E&feature=kp

Anyway, just for the record, I think we are seeing a bottom. Or at the very least we will see it by the 15th of April, once all this talk (fud) of a Chinese ban is finally either cemented down as fact or mere bull shit (or bear shit in this case). It could soon become very risky selling LTC for fiat. Time will tell...
Wow. LTC seems to have broken this long term channel.
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Litecoin is toying with the idea of moving into territory it had only ever taken day trips to before...
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Agree, would not be surprised if it hit 9, but would also not be surprised if this region is the bottom. We are close.
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