Litecoin (LTC) faces turbulent waters despite the bulls' show of strength around $54, and a potential bearish acceleration for Bitcoin could see LTC dump to $30. As of writing, Bitcoin's downturn to $68,000 in early Asian trading had dragged major altcoins lower. Litecoin itself fluctuated to a key support level, which bulls must hold to prevent the scenario that could allow sellers to revisit levels seen in 2020. Litecoin bulls must defend $50 support A solid defense of the $50 area is crucial for Litecoin to bounce higher. If not, the path of least resistance will be lower. Notably, LTC has consolidated within the $53-$59 region in recent weeks, mirroring efforts seen in 2022.