Thanks for your analysis.. But what will happen if BTC falls to $7000?
malexaffey
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@patelcrypto, Can't say with certainty, but I think we have seen a bit of de-coupling from the correlation trend. Maybe crypto market in general loses market cap, drawing down LTC with it. Maybe LTC is seen as a haven for its very similar architecture. Not sure. I have decided to play the scenario that LTC runs up as BTC runs down. That may not work, but you've got to take a side, right?
patelcrypto
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@malexaffey, very true ! But atleast I see strong support at $67.35 from past 4 hours. Hope weekend turns good for us !
malexaffey
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@patelcrypto, me too! Good luck.. keep in touch, if you see any good angles. Always glad to discuss!