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RE: Bitcoin Won't Truly Be Bullish Until We Surpass the 200 Moving Average Again

in #cryptocurrency6 years ago

What are your thoughts on Litecoin? Are you viewing it as more potential or avoid as its not the category leader? These questions are open to all who wish to respond.

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Honestly, it behaves very similar to bitcoin. That $50 level is rather important now that it has based there and considering that was the price area it was at before the crazy move in Q4 2017.

As for the 200 day MA. Some point of view as with BTC.

In regard to my opinion on the coin - it is still one of the "bigger name" coins so if the whole market goes it should act accordingly, but who knows which is why I am diversified among many coins.