To understand BTC, u look at LTC and look for clues.

So sometimes, BTC is a little fuzzy, so what i do is look at LTC and see what is up there, and usually LTC gives a better view.

As you can see unlike BTC, LTC was hitting a strong Resistance Trend, indicating a drop is more likely than a break out, at least short term.

BTC had already the breakout that push the value to 10k, because well its BTC, while LTC, enjoyed a more rational approach to this rally.

And it reflects, in the drop, price and channel in two of these charts.

When u have these two charts next to each other u see that, LTC dropping to 40 and BTC dropping to 8k is their reflective support for the time being.

Considering how much goodness coming the way to crypto it is hard to ignore that just like back in 2017 a BULL market had crazy drops, so does it happens again.
You can;t reach 30k BTC by EOY without ups and down.

If we are in the beginning of a bullish run, this drop is a god send to all of us, we sold, and got worried that price will continue to ascend.
Thank fully, we are going to be reloading here, looking for great entries. So far, LTC @40 will be neat long investment and so will Btc @ 8k

**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support

Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!

Thank you,
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