Thought I'd throw out another quickie for you guys. I've seen the LTCUSD logarithmic chart shown elsewhere, but I haven't seen anyone discuss it since LTC got rekt in the recent market dip.
The gist is that LTC seems to be going through a multi-year bear market -> triangular consolidation -> bull market pattern, and right now we're at the halfway point through the second bull market.
I wouldn't blame you if you got scared away by LTC's plunge last month, but if we look back to 2017, there's a 60%+ crash right smack in the middle of that year's bull market.
So are we par for course, or is LTC going to do something different this year?
The gist is that LTC seems to be going through a multi-year bear market -> triangular consolidation -> bull market pattern, and right now we're at the halfway point through the second bull market.
I wouldn't blame you if you got scared away by LTC's plunge last month, but if we look back to 2017, there's a 60%+ crash right smack in the middle of that year's bull market.
So are we par for course, or is LTC going to do something different this year?