Post
alia khan
Seems to be people don't understand why I said $LTC chart looks ugly.
Could this be a bottom? Sure. But there's no confirmation to say that.
Zoomed out like this, LTC looks ugly because:
1) Massive destruction of value from the highs. It went from roughly $400+ to $40. That's an 90%+ drawdown.
2) It never truly recovered from the 2017 cycle. The 2021 rally basically made a marginal/equal ATH and then completely round tripped it#CryptoTreasuryDivides #CLARITYActSept15 #ZECGoesInstitutional
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