From the way things are unfolding there's strong support at $149. LTC is still handcuffed to BTC
despite strong efforts to split off and I believe it may get dragged down beyond the support zone
drops to $8k (quite likely IMO
). If history repeats itself, BTC
will want to spend an hour or two at $7,500 with a quick downward spike to $6,000 (I give it a 50% chance). In the event that happens, LTC will drop to $130, maybe a little lower. Be very careful about trying to get the best ticket price and remember it's more important to get on the train. This correction has lasted longer than usual and may continue for quite some time. The longer it lasts, the less likely we'll ever see these prices again.