LTC timeline comparison with BTC Gold fork
We're seeing very similar patterns of price action today, 14 days from the 2X fork, as we saw 14 days before the bitcoin gold fork.
Something to watch will be a potential repeat of the pattern which drove LTC from $50 to $70 in 2 days
If BTC has a large correction from its current all time high of $6900-7000 because of the speed of growth which seems highly probable,
then we could see people move into litecoin temporarily as they did before the bitcoin gold fork to protect their gains in a relatively stable coin,
which will drive the price rapidly higher.
Something to watch will be a potential repeat of the pattern which drove LTC from $50 to $70 in 2 days
If BTC has a large correction from its current all time high of $6900-7000 because of the speed of growth which seems highly probable,
then we could see people move into litecoin temporarily as they did before the bitcoin gold fork to protect their gains in a relatively stable coin,
which will drive the price rapidly higher.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.