Litecoin sets another year high on it's way to halving
Litecoin did a rapid +10% move on Monday upon no visible triggers.
Performance since the start of the year: 4x.
Halving: in less then 60 days.
Recognizable HTF pattern:
entire life of weekly candles for LTCBTC, red lines = halving in 2015 LTC topped out 5 weeks before halving https://www.tradingview.com/x/zHbG1QQM/ if it was a repeat of 2015, that means we'd top out in 2 weeks
- I really believe LTC will moon after the halvening. No efficiency gains from new miners = price needs to rise for miners to stay put.
- LTC's halving is 56 days away. That's enough of a signal for some people to pump their money in to LTC instead of BTC for now 🤷♂️
- Eos & ltc must be way better then eth.