The question is not a technical analysis.
For price actions like this someone is responsible.
The price is being determined on exchanges, and someone needs a big stack to make such an impact.
While depositing physical Bitcoin on any centralized exchange you trade derivatives, and guess who is responsible for BTC derivatives?
Russian Power Supply Company is about to break resistance, it's a high risk zone for investors, because the price is close to it's historical ATHs. But now the Russian economy has much more money supply so everything is possible. Light green area is an average price range, while the red line is a critical support.
Many people think that effect on price must take a place right after the halving, but that's not accurate statement.
For BTC it took over a year after the halving to make a significant price action.
Fir Litecoin, you can see a continuous downtrend after the BTC halving, until Bitcoin reached new ATH.
I have formed it in the first big Elliott Wave while BTC...
Litecoin is now in a long accumulation stage. What may happen next will surprise many people.
Especially those ones who think that halving on LTC had no effect.
The fact is the altcoins are now still in the bearmarket.
It takes around a year for halving effect to start making significant effect on price.