Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: Unstoppable Momentum Targets Halving Event - Don't Miss Out on the Pote
by
ZAINmalik75
on 01/07/2023, 17:34:44 UTC
No matter what happens, Bitcoin is expected to rise, especially with the upcoming halving event. Just take a look at the current market and how Litecoin has been surging in recent days. Although there is no news yet about Litecoin being accepted as an ETF, its surge is solely due to the halving event taking place next month. Therefore, it stands to reason that regardless of any regulations or whether Bitcoin will be accepted as an ETF, Bitcoin will definitely experience a surge as it targets the halving event next year. So, my advice is to not lose hope in Bitcoin and to continue Dollar-Cost Averaging (DCA) by steadily investing in it. By doing so, you can keep your pockets growing and potentially reap the rewards in the long run. Remember, the market is full of opportunities, and Bitcoin's future remains promising.
You are right that LTC is gaining value due to its upcoming halving and i am observing the price too, like how it got from 77$ to 105$, but i think the price of LTC not solely increased due to the halving event because when LTC was at $77 the price of BTC was below $26,000. And now the price of BTC is above $30,000 and the price of LTC also increased up to $105.

This means BTC as the King Kong of the market, helped LTC to raise that much price. BTC does have an impact on the prices of alts and we know that from the start. But halving is also another factor in that price increment. But just to clear things out about LTC halving. It's not necessary that after halving LTC will gain ATH value because from a video I heard that last time LTC didn't touch or cross its ATH so i think this time the fear also exists.