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Author Topic: LTC follows the BTC trend  (Read 503 times)
udayantha11 (OP)
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2023 would most likely be as bearish as 2022


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July 23, 2018, 10:28:49 AM
 #1

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

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cryptovally01
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July 26, 2018, 08:47:38 AM
 #2

BTC has created a position in crypto market. Where everyone expects themselves to be safe and profitable. LTC follows Bitcoin because the market is in possession of Bitcoin. Btc prices may increase or decrease due to price changes that's normal.
Anniee123
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July 26, 2018, 08:50:03 AM
 #3

Yes, maybe the bull market has already come, because the BTC is the first to go up, and not so many mainstream coin will follow the BTC up.
I think most of the mainstream tokens are still at a very low price and can be bought. Grin

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dzelenyanskiy
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July 26, 2018, 08:54:35 AM
 #4

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased
Two days ago we could watch another picture when the bitcoin price was pumping up, and the price of altcoins, including LTC, was declining. Obviously, this is a very rare phenomenon, when investors purposefully withdraw money from altcoins and put them into bitcoin, but nevertheless, such facts happen and it is necessary to take them into account.
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July 26, 2018, 08:58:20 AM
 #5

It is not only Litecoin, pretty much all of the coins right now will still follow the trends with Bitcoin. It is not an exact mirror however so some days Bitcoin may rise and the alts not rise at all maybe due to people moving from alts to Bitcoin.

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Bill205
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July 26, 2018, 08:59:12 AM
 #6

Whenever BTC rise other altcoins also rise after BTC gets stable. So it's not like LTC is following BTC trend or something like that.
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July 26, 2018, 09:03:27 AM
 #7

Last year it was so, but all the coins followed the bitcoin and now I have noticed that this coin shows a bit of poor results so I do not give it an advantage still looking for something else!
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July 26, 2018, 09:19:20 AM
 #8

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased
Two days ago we could watch another picture when the bitcoin price was pumping up, and the price of altcoins, including LTC, was declining. Obviously, this is a very rare phenomenon, when investors purposefully withdraw money from altcoins and put them into bitcoin, but nevertheless, such facts happen and it is necessary to take them into account.
They are only expecting to get more profit by converting their litecoin to the bitcoin as fast as possible to join in the pump, but the price of altcoin remain stable right now. Litecoin follows bitcoin on the development but as far as i can see that the chart of litecoin still opposite to the bitcoin so far.

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July 26, 2018, 09:26:24 AM
 #9

There were times when the lightcoin repeats the bitcoin schedule exactly to the points! This is a derivative of it, fork Roll Eyes
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July 26, 2018, 09:32:57 AM
 #10

I guess that is merely a coincidence and this kind of stuff keeps happening in the crypto space all the time. The crypto currencies are like this only, many times we see same patterns being followed for different coins and relate to the bitcoin lot of time. I am not sure why you saw in the LTC and BTC correlation but I see lot fo difference between them. None of them are same, the patterns is merely output of the price ups and downs and nothing else. What you need to compare is there market caps, rankings, and popularity. Now LTC stands no chance in front of the BTC at all. So may be there is huge difference.
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July 26, 2018, 10:22:35 AM
 #11

LTC and BTC and all other cryptocurrency increase or decrease because of their demand and supply. If supply is huge then demand then it will be decreased and demand is huge then supply then it will be decreased.
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July 26, 2018, 10:32:51 AM
 #12

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

Bitcoin is king In market. It Has made Space In market. Basically price is determined by Demand and Social media Response towards Currency. Litecoin is very old currency many are old to this forum , Price was rised back in year 2017 December when all coins at peak stage. For this reason People invest in every crypto, when some exchanges closed like south koreya and other Countries banned Bitcoin trading and usage.. For this reason Every crypto price dropped.


If demand is less then ltc price will be less. Basically every coin is depend on Bitcoin as Many users Hold bitcoins and other currency also

If any stage come people sell coins and this situation called Pannic stage
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July 26, 2018, 10:48:58 AM
 #13

LTC is an altcoin and like what everyone's complain through the forum, it was also down when bitcoin first moved up to $8,000.
Now that everything has been stabilized, LTC is following the trend too like other altcoins.
But I haven't saw significant gains to LTC like other alt coins.


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July 26, 2018, 10:50:07 AM
 #14

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased
For me it is not only connected with bitcoin but with whole market, coins are just pumping when market is recovering but we see that bitcoin is doing some changes and we say that other coins follow it, for me it is more based on market moves than only about one coin (bitcoin).
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July 26, 2018, 10:58:34 AM
 #15

Litecoin has fallen heavily in relation to Bitcoin so that he now needs to overtake Bitcoin in growth. What's now going on behind Bitcoin is good.
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July 26, 2018, 12:45:50 PM
 #16

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

Not likely, when everybody goes to FOMO they usually transfer all of their funds to Bitcoin and will make other alt go down. But eventually alts will follow.
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July 26, 2018, 03:12:08 PM
 #17

Bitcoin is father of altcoin. when bitcoin price increase or decrease other coin price follow bitcoin it is natural. LTC like other altcoin and it will follow bitcoin.
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July 26, 2018, 09:42:38 PM
 #18

Yes i agree with you. i also see this thing. It's just magical or not i don't know. All alt coin are follows the BTC  trend.
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July 26, 2018, 09:50:23 PM
 #19

BTC is like a BRAND in cryptocurrency, well most of the crypto user believe that BTC is the father of all altcoins which is correct. So it's common that every altcoin will try to follow like BTC and LTC is one of them. Just like we common people follow big celebrities and it's trends. By the way it's just a start, crypto is going famous and after few years crypto will be used in every home and BTC is the first crypto which would be used.
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July 26, 2018, 10:01:32 PM
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In my opinion, When BTC rise other altcoins also rise after BTC gets stable. But other altcoin rise less compare to BTC. So i dont think LTC follows BTC trend even all altcoin follows the trend.
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