Litecoin’s halving is a little over a month away, and historically, the cryptocurrency has peaked prior to this recurring event.
But this time very well could be different, as LTCUSD is exhibiting more similarities with a previous point — just before an incredible breakout performance. With a comparable technical setup returning, will the altcoin soar like the last time? Or like past halvings, is the top already in?
The Looming Litecoin Halving Paradox
Ask the average Bitcoiner, and they’ll tell you the same thing. “Wait until after the halving.” After several recurring cycles, a large majority is convinced that the BTC halving alone drives price increases.
Meanwhile, in Litecoin, it’s viewed as a “sell the news” style event where price peaks well ahead of the halving then simply goes stagnant. Yet the LTC halving features the same supply-reducing mechanics, but is shrugged off as not having any positive impact at all.
This creates an ironic situation where either the h
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