Bitcoin price At the time of writing, it is above $93 thousand and it is unclear whether this will turn into a short selling opportunity. cryptocurrency Investors have suffered losses of billions of dollars because every rise has been seen as a short opportunity for months. Buyer interest is weak and every attempt, viewed with skepticism, fails exactly as expected. So what are the predictions for LTC? Scott says it’s time for what?
It’s Time for Bitcoin
The rise at the beginning of 2026 began with the aim of ending the 80-day series of lower bottoms for investors who had been crushed under excessive sales for a long time. This did not last long due to non-crypto factors and each of their attempts were abandoned. But Scott Melker says that we have come to the end of these boring movements, it is time for the rise.
“Bitcoin The chart looks ready for an upward move.
Many refer to this as a bear flag, while I see it as an ascending triangle. Higher lows are consolidating towards a flat top.
“The $94,500 region is the key.”
DaanCrypto, on the other hand, said that he was happy with the fact that he saw the period that wore out investors as a holiday opportunity. But search data and interactions cryptocurrency He says investors have largely given up and fallen to levels similar to those in the worst days of bear markets. How this will be recovered is a matter of curiosity.
“I am quite pleased with the horizontal price movements in the last 2 months. It was good to calm down and rest a little.
But I’m ready to take action again. I also think it won’t last very long. I think volatility will increase soon.
When this range breaks, no matter which direction it is, this is not something you want to ignore either. Considering how long we stayed here and how tight the prices were…”
Litecoin (LTC)
Monero (XMR) this month ZEC Coin With the disbandment of his team, he started to rise rapidly. But for those who only look at the graphic side of the rise, LTC The graph is similar. The analyst with the pseudonym CryptoBullet also drew attention to this and shared the chart below. If he is right, LTC could start a massive rally.
“LTC The chart looks almost identical to the XMR chart.
It peaked in the same week in 2017 and 2021. It hit a slightly higher high in 2021 and a macro higher low in 2022.
LTC has been showing the same relative strength since the 2022 Bear Market Bottom.
We all know that the rise of LTC will come sooner or later.
“We just don’t know the catalyst and the story yet.”
