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It has been just revealed the fact that there are some new prediciotns about the prices of BTC and LTC out. Here are more details about this below. BTC and LTC new predictions are out An expert in crypto, Benjamin Cowen, has shared his concerns about Litecoin (LTC) following its halving event. Meanwhile, he has updated his views on Bitcoin (BTC). Cowen has tweeted to his 754,600 followers that LTC’s value is likely to decrease after the halving event on Wednesday, which means miners’ rewards will now be cut in half. He previously predicted that LTC would reach its peak in June/July of its halving year and then gradually decrease as the halving approached. Cowen advises caution regarding LTC’s value until 2025, which is the post-halving year according to historical data. Based on his chart analysis, it appears that Litecoin experiences a surge in value roughly two months before a halving event takes place. However, afterwards, it typically experiences a decline that lasts for around a year before seeing another rally in the following year. As of now, Litecoin is currently trading at $87.46, which is a decrease of 6.8% within the past day. Bitcoin sees a sharp warning Regarding Bitcoin, Cowen has noticed that the altcoin market liquidity is decreasing while Bitcoin’s value is increasing, which suggests that people are converting their altcoins into Bitcoin. This trend is supported by the decline in the total market cap of altcoins (TOTAL3). Cowen believes that BTC’s rally is being sustained by this outflow from altcoins. He predicts that there will likely be a turning point in the pre-halving year where alt liquidity will no longer be enough to support BTC’s rally. Cowen’s thesis is further supported by the increase in Bitcoin’s dominance (BTC.D) and the decline in TOTAL3 market cap. “Total crypto market capitalization color-coded by BTC risk, which depends on price, on-chain, and social metrics. Total market cap has gone sideways for the last year because while BTC went up, most altcoins went down. During that period, BTC dominance went from 39% to 49%.”

Litecoin And Bitcoin New Predictions Are Out – Where Can BTC And LTC Go?

Bitcoin News, Cryptocurrency News, Global Crypto News, Latest News, Litecoin News03/08/20230Comments
It has been just revealed the fact that there are some new prediciotns about the prices of BTC and LTC out. Here are more details about this below. BTC and LTC new predictions are out An expert in crypto, Benjamin Cowen, has shared his concerns about Litecoin (LTC) following its halving event. Meanwhile, he has…

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Traders Accumulate Litecoin Ahead of LTC’s Halving Event

Traders Accumulate Litecoin Ahead of LTC’s Halving Event

Cryptocurrency News, Global Crypto News, Latest News, Litecoin News02/08/20230Comments
An analytics firm has reported that a specific group of cryptocurrency traders are quickly gathering Litecoin (LTC), a peer-to-peer payment network, in anticipation of its upcoming halving event. Santiment has revealed that since June 14th, Litecoin dolphins and sharks have accumulated 205,400 LTC, valued at almost $19 million. Acquiring Litecoin intensifies among traders The analytics…

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Just In: LTC Halving May No Longer Be Bullish For LTC

Just In: LTC Halving May No Longer Be Bullish For LTC

Cryptocurrency News, Global Crypto News, Latest News, Litecoin News20/07/20230Comments
News has recently come out that a prominent trader, who benefitted greatly from the cryptocurrency boom earlier this year, is choosing to refrain from investing in Litecoin (LTC), despite the upcoming halving event for the peer-to-peer payments network. DonAlt addresses the state of Litecoin DonAlt, an analyst who goes by a pseudonym and has 496,000…

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Crypto Analyst Is Bearish On Litecoin – LTC Flashes Vibes Of Late 2021 Correction

Crypto Analyst Is Bearish On Litecoin – LTC Flashes Vibes Of Late 2021 Correction

Cryptocurrency News, Global Crypto News, Latest News, Litecoin News13/07/20230Comments
There are reports that a prominent crypto analyst has a negative outlook on LTC. You can read the latest updates on the digital asset’s price below. According to a well-known crypto strategist, Litecoin’s pre-halving surge may have already reached its highest point. The analyst, who goes by the name Kaleo on Twitter and has a…

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Litecoin Could Rise In Price By Over 30%, Crypto Analyst Predicts

Litecoin Could Rise In Price By Over 30%, Crypto Analyst Predicts

Cryptocurrency News, Global Crypto News, Latest News, Litecoin News01/07/20230Comments
A trader in the cryptocurrency market, who accurately predicted the bottom of the 2018 Bitcoin bear market, has forecasted a significant upward trend for Litecoin. The trader, known as Bluntz on Twitter, has a following of 223,300, and suggests that Litecoin’s halving event scheduled for August will be a catalyst for its surge. Bluntz believes…

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Key On-Chain Metrics on the Rise for Litecoin; LTC Halving Date Is Around The Corner

Key On-Chain Metrics on the Rise for Litecoin; LTC Halving Date Is Around The Corner

Cryptocurrency News, Global Crypto News, Latest News, Litecoin News22/06/20230Comments
It has been revealed that Litecoin is about to rise in price just ahead of the halving that’s coming fast. Check out the latest reports about this below. Litecoin sees great moves ahead In the last week, the crypto analytics company IntoTheBlock reported a notable uptick in key on-chain metrics for Litecoin (LTC), the peer-to-peer…

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