The target of these formations is 0.048 BTC, or, in other words: LTCBTC ratio will x10 from here.
Bitcoin Maximalists fear Litecoin because it is a better version of BTC in every aspect, in addition to having had a FAIR LAUNCH, unlike Bitcoin.
Bitcoin holders can always be dumped upon by Satoshi, who holds 1 million bitcoins.
LTC is the REAL HEDGE.
Bitcoin Maximalists bash Litecoin (LTC) because they know LTC is simply a superior BTC . Their only argument against LTC is that it is a "copy" of BTC – except that it is not, for if LTC is a copy of BTC, than BTC also has the characteristics of a copy-cat crypto since it only implemented SegWit after Litecoin did. And Litecoin is once again leading with ...
You have probably read the news about bitcoin's price surge. Perphaps you knew about bitcoin several years ago but refused to invest in it then because you thought the price was already too high – and you were CONVINCED it could not go up much more. You were obviously wrong. And you will continue to miss out on massive profits as long as you maintain that...
FACTS ABOUT LITECOIN:
Faster block propagation – one block every 2.5 minutes instead of a 10-minute target on Bitcoin
Fixed total money supply – 84 million coins to Bitcoin’s 21 million
Proof of work / Scrypt mining algorithm instead of SHA 256 – it doesn't compete for mining hash
King of Scrypt Hash
Satoshi Nakamoto can't dump it
Litecoin had a FAIR...
Litecoin has approached the end of its life-cycle. If it drops out of the pictured channel, it will dump all the way to $31, and after that, to $18.50.
Litecoin is the worst performing top-altcoin and because of that will not be a top-altcoin within the next 4 months.
Sell it all fast now.
LTCBTC To Crash Additional 50%
Easiest trade ever, so obvious. Litecoin is a shitcoin, it doesn't have existence value left, except for shorting it at the trend resistance and longing at the trend support until it slowly dies out. LTC only useful for increase other coins, however, those opportunities will not last much longer. I expect LTC to die within the next...
Bitcoin W-shaped recovery & ascending bullish triangle. If 10k is held, which is very likely, and 12.5k is broken, then it will shoot up to previous ath of around $20k. I expect this to happen within 6 weeks, possibly much sooner.
BTC W-Shaped Recovery & Ascending Triangle: $19k within 6 weeks
Litecoin will crash hard to $39 (Head and Shoulders confirmed).
Out of all the "majors", Litecoin has always been the worst-performing and shittiest of all.
While ETH and BTC have risen tremendously since the February crash, LTC has not even recovered to pre-crash levels.
LTC is once again primed for a big crash to sub $40 levels. If $39 does not hold, which...
Litecoin has found solid support. Litecoin being the only major cryptocurrency that has not greatly appreciated in price since the March-February crash, makes it a no-brainer to get in now. Especially considering the fact it is the only cryptocurrency besides Bitcoin that has been in the TOP 10 since the inception of Crypto, a valuable guarantee (proof of quality)...
Litecoin is dropping to $20-35 zone. It couldn't get more obvious. This is the easiest trade you can make. Anyone not selling here to buy back lower at guaranteed average $33 is just A FOOL.
Litecoin is the worst performing cryptocurrency. It is primarily meant for increasing BTC stacks, which is why every rise is sold into and highs generally don't last (nobody...
Is Litecoin approaching its death?
• LTC was $80 in february, and barely $60 today
• All other major coins not only recovered their february values, but also pumped hard (ETH for example 100%)
• MimbleWimble progress delayed
• LTC failed to break multi-year resistance line
• Adjusted for inflation, LTC is worth the same price as it was during...