BULLISH - LONG - Thought Analysis.
Okay so our previous goal was indeed HALTED by the bears and we did not make it to 170 for LTC USD (COINBASE-GDAX). However that does not mean the market is NOT rebounding. If you notice the weekly charts, every week crypto is gaining more market cap. The lowest we have gone in this correction is around 290 Billion Market Cap. When the market hit 290BLN (Two weeks ago) and people were freaking out I called it and said we won't go any lower. Why did I think that? Simple because the prices are just too attractive for anyone to pass up. If you have noticed the market cap goes up by about 50BLN and then peels off a little bit every week.Now in our third week we are flirting with 400-450 bln market cap range. As the market goes up, so will LTC and all other major coins like BTC and ETH. We have firmly planted our feet at 400 billion in total market cap and it doesn't seem to be budging, just think about it. LTC was 100, 125, 150, and it even hit 169 last week now it is peeling back. HOLD THAT LTC, Soon we will SEE GAINS!.
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