seventhwhiskey

Crypto retreating to pre-boom trend lines

COINBASE:BTCUSD   Bitcoin
LTC and BTC in 4hour charts. LTC still following same range I mapped back on Feb 28th, trend likely to continue. The bulls are too busy dreaming of moon cheese to hear it, but we're on a path to return to the pre-December trend lines in both. The huge December rally was NOT the making a new baseline, just a FOMO bubble. I see LTC @ $132 and BTC @ $6700 by the end of March. The longer term shallow up-trends should hold. Depending on market sentiment, we may see as low as $119 and $6000 before the start of an actual normalizing.

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