drdiesel

Litecoin to 65 Dollars before Bulltrap and then Potential $50

COINBASE:LTCUSD   Litecoin / U.S. Dollar
I believe litecoin will bottom in the 60s unless bitcoin really tanks to 4800 this upcoming week before a bulltrap and then continuation to the highest volume profile for litecoin between 35 to 50 dollars. I think we will bulltrap to around 100 to 115 dollars before the ultimate bottom. Lot of this depends on if there is a bitcoin etf and if China gets back into crypto. If bitcoin gets an etf later this year litecoin will once again pump hard as I expect all of crypto will. However it would makes sense to not approve the etf so that the criminal institutions can buy up dirt cheap crypto. This is what they have always done: crash markets and buy stocks for pennies. This is what my gut told me was going to happen and I did not listen to myself in January.

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