Post
Topic
Board Speculation (Altcoins)
Re: LTC halving
by
ethereumhunter
on 02/08/2019, 07:47:09 UTC
At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Try to consider Price Graph Coinmarketcap. They move together, in the same style. That is, they are interrelated. If BTC grows, LTC also grows. So everything depends on BTC, because Altcoin is also exchanging with BTC. If the price of BTC rises, altcoin also benefits.
That's the trend that we suppose to see, however at this stage there's only few altcoins that are rising together with BTC and that includes LTC.
This means that the trend are changing and the strong coins like LTC and BNB can go with BTC but unfortunate for the majority as they are still bearish now.

So once again, we need to wait for the time to comes so LTC can increase more than now. Maybe the next bull run for LTC will happen after the halving comes because LTC still have much time to increase and like the other coins, they all need the right time to see the next bull run. The other strong coins will also increase at the right time.