Is Litecoin Leading the Crypto Market Back Toward 2015 Prices?
Related Reading | Crisis Impact: Most Assets Returned to 2016 Prices While Bitcoin Holds Strong However, after those highs were tapped, Litecoin and the rest of the cryptocurrency market experienced a bloodbath alongside the stock market, precious metals, and more, as investors cashed out liquid assets into cash to prepare to weather a coming economic storm. Litecoin may now be leading the path for the rest of the crypto market toward prices that haven’t been trading at since prior to the 2017 cryptocurrency bull run and hype bubble.
Litecoin often leads the way for the crypto market, which suggests that Bitcoin and the rest of the altcoin market will be headed back to 2015 prices. Will Elliott Wave Theory holds true and will Litecoin and the rest of the crypto market take a trip down memory lane and return to prices from 2015?.