During the crypto bear market, LTC gets killed, and drops 90+%. Much steeper retracement than BTC.
After the cycle bottom, LTC recovers better than BTC at first, but it is very short lived. Once we hit an intermediate cycle top, LTC stalls and goes sideways, while BTC consolidates, but ultimately keeps going up. Last BTC bull market, LTC went sideways for 600 days.
Since the intermediate cycle top, July 2015
BTC - up 250%
LTC - down 50%
Last cycle, LTC didnt make a move, until 1 month after BTC broke through previous cycle ATH of 1150.
since BTC broke 1150 (ATH) Feb 2017
BTC - up 1600%
LTC - up 9000%
LTC is been falling since the intermediate cycle top from 145 to 88 (-40%), meanwhile BTC is down from 13700 to 11750 (-12%).
I suspect the trend continues, and LTC stalls for the short to intermediate term, while BTC picks up steam. Once BTC breaks 20k (ATH), I expect a move away from BTC into LTC, resulting in another "moon" move for LTC, and the start of mass retail investing, altseason, and the final and most potent portion of the current bull market.
After the cycle bottom, LTC recovers better than BTC at first, but it is very short lived. Once we hit an intermediate cycle top, LTC stalls and goes sideways, while BTC consolidates, but ultimately keeps going up. Last BTC bull market, LTC went sideways for 600 days.
Since the intermediate cycle top, July 2015
BTC - up 250%
LTC - down 50%
Last cycle, LTC didnt make a move, until 1 month after BTC broke through previous cycle ATH of 1150.
since BTC broke 1150 (ATH) Feb 2017
BTC - up 1600%
LTC - up 9000%
LTC is been falling since the intermediate cycle top from 145 to 88 (-40%), meanwhile BTC is down from 13700 to 11750 (-12%).
I suspect the trend continues, and LTC stalls for the short to intermediate term, while BTC picks up steam. Once BTC breaks 20k (ATH), I expect a move away from BTC into LTC, resulting in another "moon" move for LTC, and the start of mass retail investing, altseason, and the final and most potent portion of the current bull market.