Giovi6969

Bitcoin : crashing pattern correlation with Litecoin pattern

Giovi6969 Updated   
BITSTAMP:LTCUSD   Litecoin
Hi traders,

Just a very quick TA for a quick comparison between Litecoin 2018 Usd crashing pattern, sharing extreme similarities with 2015 Btc usd crashing pattern from the MtGox crash pattern.
This is the first time i found such a close similar bubble crashing pattern between two different assets, and i actually find it very interesting regarding human mass behaving on markets.
This could be a proof that virtual gold and virtual silver are following the same trading importance for buyers, but with a difference on time scale: modern virtual silver is as much as important as virtual gold used to be few years ago.
This means there is a progress of consideration regarding virtual assets: today's Btc crashing pattern is different than the current Ltc crashing pattern and than the 2015 Btc crashing pattern.
Cryptocurrencies existance consideration is evolving in its patterns (humans are starting to realise the potential of cryptocurrencies better and better with time).
I hope this is not too complicated to understand.

Good luck.

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