Bitcoin is trading inside the $51,000–$60,000 range,

with its long-term sentiment skewed to the upside. In its stable, consolidating avatar, the flagship cryptocurrency provides bullish cues to the altcoin market, including Litecoin. Bitcoin enters a bearish rising wedge range. Source: TradingView "I think it's realistic to say that Litecoin will reach above $1,000 eventually," a pseudonymous crypto trader tweeted on May 6. "Maybe even close to $1,500." DELIVERED EVERY MONDAY Subscribe to the Markets Outlook newsletter Email Address Subscribe By subscribing, you agree to our Terms of Services and Privacy