In the last bear market LTC dropped approximately 98% and had bottomed 140 days before halving. In only 3 months after that it rallied almost 700%.
If we assume that LTC bottomed at 22$ in this bear market, 240 ~ days before next halving we are currently sitting on increase of approximately 130%.
As we can see there is already a difference between the last and this halving period, it's unwise to expect the same gains and the same patterns, but R/R for the next couple of months looks great for LTC.
If we assume that LTC bottomed at 22$ in this bear market, 240 ~ days before next halving we are currently sitting on increase of approximately 130%.
As we can see there is already a difference between the last and this halving period, it's unwise to expect the same gains and the same patterns, but R/R for the next couple of months looks great for LTC.