Drop Persists in Bitcoin and Litecoin

Bitcoin (BTC) is stubbornly dropping below $70,000, and experts say that such drops are even normal in empty markets. In case BTC starts a series of losses, major declines may occur in the altcoin market. Rise and Fall of LTC Litecoin (LTC) had a rapid rise after a halving in the past, but it later experienced significant losses. Focusing on peaks above $100 with the impact of BTC and ETF approval expectations, LTC failed to achieve the expected stability and disappointed 351,000 wallets. Investors who bought a large amount of LTC between 94 and 101 dollars have been in a difficult situation due to poor performance. LTC market did not catch the same opportunity like other altcoins. The power balance between long-term investors and short-term traders may deepen the negative trend in the market. LTC’s Future and Price Predictions If LTC can maintain the $94 level and patient investors refrain […]

Drop Persists in Bitcoin and Litecoin

Bitcoin (BTC) is stubbornly dropping below $70,000, and experts say that such drops are even normal in empty markets. In case BTC starts a series of losses, major declines may occur in the altcoin market.

Rise and Fall of LTC

Litecoin (LTC) had a rapid rise after a halving in the past, but it later experienced significant losses. Focusing on peaks above $100 with the impact of BTC and ETF approval expectations, LTC failed to achieve the expected stability and disappointed 351,000 wallets.

Investors who bought a large amount of LTC between 94 and 101 dollars have been in a difficult situation due to poor performance. LTC market did not catch the same opportunity like other altcoins. The power balance between long-term investors and short-term traders may deepen the negative trend in the market.

LTC’s Future and Price Predictions

If LTC can maintain the $94 level and patient investors refrain from selling, the price may suddenly recover and target the range of 100-104 dollars. However, falling below $94 may cause the price to drop to $90 levels.

Long-tailed candles in the daily charts show that sellers exceed buyers. If LTC continues to be negatively affected by BTC, its value may drop to $88-83 and then to $75.

Finally, excessive sales may cause a sharp drop to a $67 support, and LTC may suffer a sharp loss from $92.

how to buy crypto?
Related Posts

do you really trust these bitcoiners

News 2 months ago

Discover the factors impacting trust in Bitcoiners and learn how to assess and build trust in the Bitcoin community. Understand the challenges to trust in Bitcoiners.In the world of cryptocurrency, Bitcoin has become a hot topic of discussion, and those involved in the Bitcoin community often refer to themselves as “Bitcoiners.” With the increasing popularity of Bitcoin, the concept of trust within this community has become a crucial aspect to consider. As a blogger in the cryptocurrency space, it’s important to examine the dynamics of trust within the Bitcoin community. In this blog post, we will delve into the various subtopics related to the trustworthiness of Bitcoiners, such as understanding what trust means in the context of Bitcoin, assessing the factors that impact trust in Bitcoiners, exploring the challenges to trust within the Bitcoin community, and discussing strategies for building and maintaining trust. Ultimately, the goal of this post is […]

do you really trust these bitcoiners beware

News 2 months ago

Learn about Bitcoin, cryptocurrency, and how to protect your investments from scams. Can you trust Bitcoiners? Find out here.Are you thinking about investing in Bitcoin or other cryptocurrencies? With the increasing popularity of digital currencies, it’s important to have a solid understanding of the world of cryptocurrency and the potential risks involved. In this blog post, we will delve into the basics of Bitcoin, explore the world of cryptocurrency, discuss the issue of trusting Bitcoiners, and provide tips for identifying scams and protecting your investments. While Bitcoin and other cryptocurrencies can offer exciting investment opportunities, it’s crucial to be aware of the potential for scams and fraud within this rapidly evolving market. By being informed and vigilant, you can make informed decisions about your investments and protect yourself from potential risks. So, before you trust just any Bitcoiner with your hard-earned money, read on to learn how to navigate the […]

how much is 0.29 bitcoin

News 2 months ago

Learn about the factors affecting Bitcoin’s value, current market trends, and strategies for investing in 0.29 Bitcoin. Understand Bitcoin’s worth today.Are you curious about the current value of 0.29 Bitcoin? In today’s digital age, Bitcoin has become a hot topic, with its value constantly fluctuating. Understanding the factors that affect Bitcoin’s price and the current market trends can help you evaluate the worth of your investment. In this blog post, we will delve into the various aspects of Bitcoin value, including the factors that influence its price and the strategies you can employ for Bitcoin investment. Whether you’re a seasoned investor or just starting out in the world of cryptocurrency, it’s essential to stay informed about the value of your Bitcoin holdings. So, let’s explore how much 0.29 Bitcoin is worth and what you can do to make the most of your investment. Understanding Bitcoin Value Bitcoin value is a […]

0 Comment

Write a Comment

how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $69,260.003.41%
  • ethereumEthereum(ETH)
    $3,594.283.33%
  • tetherTether(USDT)
    $1.000.02%
  • binancecoinBNB(BNB)
    $625.123.06%
  • solanaSolana(SOL)
    $158.026.55%
  • staked-etherLido Staked Ether(STETH)
    $3,592.853.25%
  • usd-coinUSDC(USDC)
    $1.00-0.11%
  • rippleXRP(XRP)
    $0.4933022.88%
  • dogecoinDogecoin(DOGE)
    $0.1494329.11%
  • the-open-networkToncoin(TON)
    $7.437.58%
Random