we are now heading back down a downward channel that has broken the long-term up-trend. Watch LTCBTC and BTCUSD to confirm movements. Bitcoin did a dead-cat bounce on the shorts, LTC did the same. I still think Bitcoin is going to see < 3K soon, which will likely pull LTC down with it.
I'm still long-term bullish. Once this downtrend shakes out the weak, we'll sour back up to new ATH.
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