Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
eboard10
on 16/10/2015, 07:31:38 UTC
Im bullish long term ltc but bearish med to short term until it hits my target under $1

Lol good luck with that, if litecoin went that low its dead like if bitcoin breaks under $100 or something it wont look good for it long term.
Thats why it shall go down there.. I doubt btc will go that low. In trading persception is everything.. You got a long road ahead of ya

Well, assuming the count I posted plays out (that or a rise to ~$292) then we are very likely going to visit sub $100 levels at some point next year, in the mid to high double-digits. A great buying opportunity for everyone but, coincidentally, many will be hesitant to buy fearing lower lows or worse, that Bitcoin has capitulated and will consequently miss out on this opportunity.