If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on

[josebcn]

If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
by Joseph A. Christian April 24, 2020

https://www.europeworldnews.com/if-bitcoin-hits-100000-after-halving-litecoin-may-be-worth-3000-based-on-analysis/

The experts' predictions about Bitcoin's halving point out that the price of the cryptocurrency may exceed $ 100,000, and this valuation is capable of benefiting other projects like Litecoin . An analysis posted on Twitter predicts that altcoin will hit $ 3,000 after Bitcoin's halving in 2020.

Just as the market expects Bitcoin to appreciate in the coming months, other cryptocurrencies also tend to increase with the halving expected to occur on May 8.

According to the Apple App Review profile that published the analysis on Twitter, Litecoin is one of those cryptocurrencies that may experience a wave of appreciation triggered by Bitcoin's price surge after halving.

If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysisIf Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
The publication looks at the possibility of altcoin trading at $ 3,000 in a scenario where the Bitcoin price reaches $ 100,000. Called the “sleeping giant,” Litecoin has a chance to break price records with Bitcoin going through its halving.

Litecoin listed at $ 3,000 for Bitcoin halving
Bitcoin halving will take place in 18 days, after the market has waited four years for the event to repeat. On this day the reward in Bitcoin mining will be cut in half, which can affect the entire cryptocurrency market.

One of the effects of halving is the rise in the price of Bitcoin, and other cryptocurrencies may follow this wave of appreciation.

There are predictions that the price of Bitcoin will hit $ 100,000 after halving. According to this forecast, the profile of the Apple App Review says that the price of Litecoin can be quoted at $ 3,000.

“Litecoin is the sleeping giant that is about to wake up. We could see that the price of Litecoin reaches $ 3,000 when Bitcoin rises to $ 100,000.”

The altcoin would be “asleep” waiting to go through an appreciation that could mean a growth of up to 6,900% in the price, considering the current Litecoin price that is trading for about $ 43 in the market.

In addition to citing the hypothesis related to the price of $ 100,000, the Twitter profile creates other elevated scenarios for the Litecoin price based on what Bitcoin can achieve with halving.

At a value of $ 25,000, for example, Litecoin is typically priced at $ 750, according to the comparison posted on social media. On the other hand, Litecoin was trading at $ 375 at the time that Bitcoin had its highest price on the market.

“In the latest high market followed by Bitcoin halving, Litecoin cost $ 375.”

Litecoin will outperform Bitcoin in 2020/2021 Bull market and here's why!

Jan 2018
bitcoin = $ 19,500 / litecoin = $ 375

July 2019
bitcoin = $ 14,500 / litecoin = $ 145

March 2020
bitcoin = $ 10,500 / litecoin = $ 85

Bitcoin = $ 25,000 and Litecoin = $ 750 #btc #bitcoin #ltc #litecoin

– AppleAppReview (@AppleAppReview_) April 20, 2020

Bitcoin can exceed $ 100,000
With the arrival of halving, numerous forecasts are emerging in the market that Bitcoin will grow soon. According to Cointelegraph, experts bet there is a chance that the price will rise to a million dollars.

For former Facebook executive Chamath Palihapitiya, for example, there is a chance that Bitcoin will be trading up to a million dollars after halving. The expert explains that there is a 5 to 10 percent chance that the cryptocurrency will touch this figure.

Another of these forecasts belongs to PlanB that brings the analysis of the cryptocurrency market on Twitter. This profile made correct guesses about the 2012 and 2016 halvings and believes the Bitcoin price will be trading above $ 100,000 after the 2020 halving.

Bitcoin needs to establish this value in the market for Litecoin to reach $ 3,000. Only then will the cryptocurrency have the opportunity to trade at this price.

[layoutph]

Nice shill lols. No doubt Litecoin is truly an amazing coin to invest with. It has an amazing community that believes in this coin. I believe in your prediction Litecoin might hit $750 if Bitcoin hits $100k. Well aside from Litecoin any highmarketcap coin you believe in?

[BigBos]

currently, the price of LTC in the form of bitcoin is 0.0045 BTC / LTC. so, if $ 100,000 x 0.0045 BTC, then the result is $ 4,500. yeah, this is a pretty good imagination. Well, not only the LTC price but almost all top altcoin prices will have a high price when the bitcoin price reaches that price.

[viananda2525]

currently, the price of LTC in the form of bitcoin is 0.0045 BTC / LTC. so, if $ 100,000 x 0.0045 BTC, then the result is $ 4,500. yeah, this is a pretty good imagination. Well, not only the LTC price but almost all top altcoin prices will have a high price when the bitcoin price reaches that price.

we can not calculate as simple it to compare litecoin price and bitcoin price like you mentioned above. litecoin and bitcoin often move with different direction.  main factor that make it different was demand in bitcoin and litecoin totally different, we can see it on bitcoin dominance and ofcourse price will get different marketcap too.

[Little Mouse]

Neither BTC will reach $100000 nor LTC will reach such hig value. However, we can expect new ATH when BTC got a bullrun. LTC at $750 is a dream in my opinion. They do not have new developments. Although LTC is good for payment, still it is a project with no future goal. I do not think without some real development a project can have better future.

[bittick]

currently, the price of LTC in the form of bitcoin is 0.0045 BTC / LTC. so, if $ 100,000 x 0.0045 BTC, then the result is $ 4,500. yeah, this is a pretty good imagination. Well, not only the LTC price but almost all top altcoin prices will have a high price when the bitcoin price reaches that price.

That happens when altcoin didn't go to the bottom caused by people will migrate to the bitcoin but we must consider there was another possibility when bitcoin gets pumped so hard and then altcoin was losing its demand due to the bitcoin pump.

[crzy]

As expected, bitcoin can lift the whole market of Cryptocurrency so since LTC is still a good altcoin then we can see its new all time high when we reach the bull market. Ltc is growing though there’s no hype for this right now I still see this as a good coin to invest or to trade for. There’s no guaranteed so better to trade base on the actual trend of the market.

[Inkdull]

Firstly this post belongs in speculation section, secondly Bitcoin going 100k when it can't even stable at 10k seem too over exaggerating, it seems you holding many litecoin? If you want good returns then don't put your eggs in one basket, buying other coins like Neo for example and other you will easily hit your target

[masterrex]

I believe in Bitcoin and Litecoin too, but predicting the price of 100K dollars per bitcoin is very impossible to happen and it will not happen even in our lifetime. you know why because if the price of Bitcoin reaches in that peak only those multi-millionaires can afford to buy and the ordinary crypto investors like us cannot afford it, thats why I don't believe in that fairytale prediction so we better leave that in our backyard and go back into reality.

[slashz9]

I think 3000 $ is too big when seen from the comparison now bitcoin is in the position of 9000 $ and litecoin is only 40 $ which means less than 0.5% of the price of bitcoin, so if btc touches 100k $ then litecoin should be in the range of 400-500 $ if see from the market now.

[bigcash2011]

As crypto market is highly volatile and the bulls can be extreme we never know as this can turn out to be true, i still remmeber that before last bull run no one was even able to believe the predictions that btc will hit 10k let alone 20k, similarly, this time around i think new all time highs will be made and people who will be in denial will be shocked with the price when we reach new peak price.

[maydna]

If that really happens, I will make sure and try to make much of bitcoin and litecoin from now on, and I will try harder than before because I can imagine how much money I will make in the future

I am sure every people will waiting for that time, and they will try to earn more and more bitcoin and litecoin while they still have time to do that. Besides that, I think we will see a growth in the market, which will be faster than now, and people will try to make a profit in bitcoin and hold the bitcoin until the price can surge to a higher rate.

[batang_bitcoin]

TLDR.
Ok, when bitcoin hits that high we'll always conclude that other altcoins will be also going into a bull run. Why? we have seen during the 2017 run that most of the alts were on hype too and went to bull run and all of that thanks to bitcoin.
And as we approach to the possible next bull run, we all speculate that each of the coins that we have could go the same. But for me, there will be fewer altcoins that will join the ride of that bull run.

[so98nn]

Dont know how most of the people are making it seem like reality. The relevance and all is fine but not most of them are related to bitcoin in the way they are portrayed here. 

All the coins rise equally due to overall Global MarketCap that rises along with the bitcoin's one. Since bitcoin holds most of the market cap it has to have the indirect effect on the other markets. Note that at the time bitcoin's value rises it drives people crazy to invest more money into the other alts and thus it pushes the prices further.

Now halving is the case where rewards decreases and demand for mining gets harder and harder over the period of time. Thats why all these changes are happening.

[Jating]

Although bitcoin and litecoin is somewhat correlation as far as technology, litecoin being the small brother of bitcoin, it doesn't mean that the price will be somewhat connected though. People has a lot of supporters obviously, and the prime mover of cryptocurrency.

What will litecoin offer then to say that it will go to $3k? right? nothing, probably some gamblers are using it, but if there are real life usage for it, I don't see anything. It's just that it was one of the earliest coin in crypto sphere that's why it stays relevant up to this point. But it can't even compete with other major altcoins in terms of investors, so I don't see it hitting $3k even if bitcoin goes on another bullrun in the next coming 4 years after the halving.

[btc_angela]

First, there's no such thing as experts here, probably just another shill of Litecoin and I'm sure that he is a bag holder. Let's say that Litecoin's purpose was to really support Bitcoin, and it's really fast as compare to Bitcoin specially when it just had it's halving as well. But you just have to look at the current price, its not one of the favourites to be honest, it could be used as a payment globally, but just it. So it's pretty obvious that the author is just shilling.

[istiak2277]

I know crypto has potential to be more valuable in the future but what you are thinking is like a daydream. It can happen if an entire county accepts crypto as one of the leading payment systems. I think it's possible to cross the 20k range for bitcoin. The crypto market is highly volatile and anything can happen here but what you are thinking is too much to expect.

[NavI_027]

Posting the link here for the sake of reference is good but copying and pasting the whole article here is not okay because it becomes redundant. I think much better if you tell your won insight instead .


But going back to the topic, tons of predictions will no loger sell to me. Why? Simple, they are full of uncertainties. The example I could bring is the article you gave which is published by April. The experts' prediction tell us that btc's price may exceed to $100k but look what date is today, it's the 29th of June already yet no huge spike happened. See?

[larus]

Lol, is it something new? When bitcoin is pumping almost  every project is pumping

[josebcn]

https://www.lookintolitecoin.com/litecoin-4-year-cycle