LBC Bear Market Trendline has been broken. We see the prices in a clear Accumulation Phase. In fact I traded this same market at the exact bitcoin price last year. We are talking about a 100% retracement to re-test the All-Time Low areas. A Great Entry for an emerging market. We are seeing all these problems with large private Networks such as Youtube and Facebook. Library Credits has a growing Development Community and Mining Power behind them. That is the best Divergence. Product/Team are in their best position ever but price is low. Best Risk/Reward Ratio is NOW. First major targets are 18k satoshis - 33k satoshis and Beyond! Market cap is at 40m. So an 8x move will put LBC at ~320m market cap. Scenario that is possible if Bitcoin continue to rise over the next few months. Expecting the 1.61 Fib Ext by Late June/Mid July.
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