It has been a wonderful day as the Jump in BITCOIN towards 11,500 has dragged LITECOIN Kicking and screaming into the mid two hundred range where it belongs. Now if we can only keep the technicians and socialist utopians quiet about it.
personally I do not believe that charts are as predictable in the world of BITCOIN / Crypto as they are in the world of stocks and bonds which have to many regulations determining the direction of value or lack thereof.
Bitcoin exchanges are more like flea markets where there are a few unknowable variables that wonder around with almost limitless power to quickly change things temporarily but not permanently
I think I might exchange my lite coin for Bitcoin for a little while while the margin between them has closed a little bit.
Or Just let it ride... and wake up in th emorning to count the blessings or bemoan the buffetings :-)