LTCUSD moving in bearish weekly/monthly channel.
On the log scale litecoin should touch the trendline at 10$ which could identify the possible bottom here.
The Litecoin halving in August 2019 should make litecoin breakout of downtrend go for 300-400% rise this year reaching 50$.
And continue steadily and reach approx 1800-2000$ by the year 2021-2022 approximately.
BTC would be around 200,000-250,000$ price around same time.
Litecoin Halving countdown : www.litecoinblockhalf.com/
My previous BTC analysis for 2021-2022 bubble:
On the log scale litecoin should touch the trendline at 10$ which could identify the possible bottom here.
The Litecoin halving in August 2019 should make litecoin breakout of downtrend go for 300-400% rise this year reaching 50$.
And continue steadily and reach approx 1800-2000$ by the year 2021-2022 approximately.
BTC would be around 200,000-250,000$ price around same time.
Litecoin Halving countdown : www.litecoinblockhalf.com/
My previous BTC analysis for 2021-2022 bubble:
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