Hello,
LTC might be showing us what will happen with BTC.
LTC dropped perfectly from the descending triangle . BTC is also in a descending triangle that hasnt's resolved yet.
The bottom of the descent is coincident with a very importante resistence/support. BTC has the same important resistance/support on 3k, wich is the target of the descent.
On the 2014 bear market LCT went from a high of around $55, back to around $1 (-98%). BTC went from a high of $1300 back to around $150 (-90%).
If history repeats, LTC would be back to around $7,5 and BTC around $2000.
Best regards,
Alexandre Simões
Twitter: @AlexandreSimes9