Hey guys so I know everybody in the crypto world has been really excited the past few days because the markets seem to be recovering. When you look at the day charts BTC , ETH, and LTC really give no indication that we've had a reversal. Thoughts?
I don't think so. Zooming out, we're still in the bear channel. Many of the experts were saying that BTC was going to have to hit $5,000 before we enter into a bull market. I'm watching LTC closely to ride this current uptick, and then getting off the bus until the real bottom hits.