LTC and most big coins are coming closer to a very big decision time. I think the next 2 years of Crypto currencies trend will be decided in less than a month time. But before we go there i think this is the road to that decision point. LTC will reach 145-150. All will be decided by BTC at price 9k-8.5. The 10k BTC bear trend line now stands at 9k-8.5k.
The feeling is that we are going to suffer for a long time. My crypto position is ALL IN :)
The feeling is that we are going to suffer for a long time. My crypto position is ALL IN :)
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If we go on a bear trend, trading volume goes down. When BTC was 15k-20k, the trading volume was crazy. More trades, means more fees for exchanges. Now that big institutions are close to opening their trading desks, a question can be asked: will they make more fees on a low volume trades (low prices) or at high volume trades (high prices) ? Will those institutions manipulate price to their advantage? I think yes. Maybe those players are or have loaded and in the next 30 days, the mega trend will show it's direction (bull or bear). Feeling is bad which is actually a good sign...Feelings were bad at BTC 6k, and it went to 11.7k in feb
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Well :(