While the identity of the creator of Bitcoin after about 12 years is still unclear, the creator of Litecoin is a Chinese youth named Charlie Lee. Former Google and Coinbase employee introduced Lightning Network in 2011 with major changes to the Bitcoin protocol. Litecoin has broken its downtrend since the beginning of 2020 and has since been in the bullish...
Corona virus has created severe stress and fear in the global markets. Dow Jones Index fell more than 12 percent from the previous week. Gold has fallen 4 percent in the past four days.Cryptocurrencies have also been affected. Bitcoin's price dropped 9 percent from last week. On the other hand, approaching the next Halving will increase the optimism about price...
Looking at the price chart at the 4-hour time frame, we see a symmetrical triangle pattern in the medium-term bullish channel. The upward triangle breakdown will raise the price to $ 3.5 in the first step and $ 4 in the next step. On the other hand, if the price fails to support its bullish trend line, we will have a fall to $ 2.7 in the first step and $ 2.3 in the next.