Popular Crypto Trader Updates Outlook on BTC, ETH, LTC

• Popular crypto trader Bluntz provides outlook on Litecoin (LTC), Bitcoin (BTC) and Ethereum (ETH).
• Bluntz believes the upcoming halving of Litecoin will keep it bullish.
• He expects BTC and ETH to consolidate in a channel or bear flag before a breakdown occurs.

Popular Crypto Analyst Updates Outlook on Bitcoin, Ethereum and Litecoin

A popular crypto trader is providing his latest outlook on the three leading cryptocurrencies: Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).

Litecoin Could Break Out With Upcoming Halving

Starting with LTC, the pseudonymous analyst Bluntz notes that the 14th-largest crypto asset by market cap is consolidating in readiness for what could be a breakout. According to Bluntz, the upcoming halving of Litecoin is likely to keep it bullish. The third halving of Litecoin is expected to occur in two months time. It appears that Bluntz predicts a symmetrical triangle breakout for Litecoin en route toward his target above $110.

Bitcoin and Ethereum Could Consolidate Before Breakdown

Turning to Bitcoin and Ethereum, the pseudonymous analyst states that the two leading crypto assets could trade in a range for a while before breaking down. However, he says that the plunge could take some time as lows are currently holding up across both BTC and ETH.

Current Market Prices

At time of writing, Litecoin was trading at $86.96 while Bitcoin was trading at $26,471 and Ethereum was trading at $1,814.

Disclaimer

The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.