Litecoin, A Reasonable Price Prediction For LTC Crypto

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Litecoin (LTC) is a cryptocurrency created from a fork in the Bitcoin blockchain in 2011. It was initially designed to address the developer's concerns that Bitcoin was becoming too centrally controlled, and to make it more difficult for largescale mining firms to gain the upper hand in mining.
While eventually unsuccessful in preventing enterprise miners from taking over the lion's share of Litecoin mining, the cryptocurrency has reworked itself into a minable coin and a peer-to-peer payment system.
Nothing in this video is financial advice and is purely educational.
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[@ImajinnTv]

Great analysis...great insights...thanks. I believe you went very conservative on the Litecoin price though!

[@iwanbundaman]

Thank you bro, means a lot. I am quite conservative across the board right now you're dead right. I'd rather be wrong and rich! Btw I love your channel name dude.

[@ProtomanButCallMeBlues]

By the looks of it, this may be Litecoins last real "chance". Because by this it appears if during the next bullrun it does go parabolic it'll hit something close to 400$ again but will inevitably fail and fall back to sub 80$, and if you're correct probably lower. Videos like this are important because I see lot of delusion on twitter, and this is a good reality check

[@iwanbundaman]

Hey Blues, thanks for the nice comment. I personally think it will continue to operate within that 400 - 80 range as long as the overall crypto market allows. I'm not expecting anything amazing from LTC this cycle price wise but that's not necessarily a bad thing.

[@albertoguillen2706]

Litecoin my favorite crypto 👍👍💯

[@ILoveBiggestInfluences]

I'm more a crypto land guy myself

[@CuriousSloth]

Thanks for the Litecoin price analysis videos! In return, ill let you know when I find some Bunda for you 😂

[@iwanbundaman]

Please do, I've spent so long looking at charts I barely remember what one looks like!

[@CuriousSloth]

@@iwanbundaman 🤣 fr tho really appreciate it. LTC is my main hold, so updates every few months during this crypto cycle would be amazing.

[@iwanbundaman]

Means a lot my bro. I'll make sure to keep making videos. Glad they help and best of luck with that LTC :)

[@MoonWalkCTO]

Perhaps you can take a look at the golden oldie COTI...

[@iwanbundaman]

Yeah of course. Tbh I hadn't heard of it before googling it a minute ago. Before my time!

[@jasonwishere3121]

Yes it looked like an inverse head and shoulder on the 6 months chart...so i believe we are at around the bottom and ready to pump

[@iwanbundaman]

Fair play for predicting one of the key points of the video before it's even out haha!

[@jasonwishere3121]

@@iwanbundaman hahahahaha 😂

[@Wallychans]

lol.... If the charts mattered for this thing the .003 btc ratio never would have broke. The whales don't care about the charts. If anything, they use the charts to print false formations to rug pull folks just like you...

[@iwanbundaman]

I think that charts can still matter while a theory involving those charts breaks. Like saying all engines don't work because the hydrogen engine doesn't work. I would argue whales do care about charts, when you're managing that much money you can't just dump it and hope to make a profit. I also don't think the charts are what whales use to rug people. Maybe in microcap alt coins but for a decent project no.

[@Wallychans]

@@iwanbundaman Just look at the very coin this video focused on. LTC has printed endless "inverse H+S" just to rug. Endless "long term support trends" that suddenly go bust for no reason at all. And anybody who's been in the market of LTC long enough knows through experience, the days this thing dumps has nothing to do with charts. For example... They, likely just for demoralization reasons, love to dump on holidays, despite BTC's price action. 2021 it was real apparent the charts just didn't matter for Litecoin. The whales did what they want, when they wanted. Let me also make something perfectly clear, that what I said here is most definitely the common belief amongst regular investors. The only people still preaching about charts are those on youtube and their collective few million followers. IF more believed in charts, theyd probly be watching chart channels...they don't anymore tho, do they...

[@Wallychans]

Downvoted for deleting my comments.

[@iwanbundaman]

Hey Wally, I didn't delete your comment. What did you say and I'll do my best to answer

[@rmonlu]

Irrelevant 💩coin

[@iwanbundaman]

I think it's actually quite useful for BTC developers as it's sort of a test net for BTC. Not great price action though...

[@charterph5446]

Grayscale have more LTC under management than Solana. want more? SEC is most likely approve LTC ETF first over ETH ETF due to security issue