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.