Litecoin (LTCUSD)

[Ramiel]

History lesson: the crypto bear market from 2014-2015 lasted 7 months with a drop of 70% to btc and alts 90%+. Some disappeared. Then for almost 2 years btc hovered around $230 before the 2016-2017 bull run. Tons of accumulation occurred during this stagnation period. Certainly fundamentals, adaptation, regulation, and eyes are much different now. However, I’m still expecting a short period of stagnation/accumulation to occur this summer. Remember, I’m not a trader. I HODL and provide information/analysis/opinion as I see/get it. Still very early in crypto and I’m sticking with my $1000/ltc price prediction by halving which is 415 days away or so. This is the wild Wild West and anything can occur but all indications from sec about decentralized blockchains like bitcoin will not be classified as securities. With trade wars and tariffs increasing, the world economy is about to hit a deep recession. Canadians already boycotting American products and canceling American vacations. Crypto will be where institutional $ will flock to imo. GLTA