The litecoin foundation recently estimated it will be well over 100 years until litecoin reaches full dilution around the year 2140 since the number of ltc mined per block decreases every four years as part of the block reward halving schedule. Evaluating ltc on the weekly chart you can see the 50ma blue line creeping up higher and higher with each weekly close eventually crossing the 200ma white line within the next couple weeks youll see the great weekly golden cross which will propel ltc to much higher levels usd pair ltc has been lagging slightly during this bullrun but it will have its.
1 Bitcoin Halving 2024 Countdown Date Eta Btc Clock
The second halving event occurred on the 5th of august 2019 at block height 1680000.
Litecoin halving history chart. Litecoins halving and price history back then ltc had bottomed out at 112 in january 2015 to print a high of 872 in july before falling back below 400 ahead of aug. Steven hay feb 25 2020. The next bitcoin halving is only a few months away.
Litecoins performance in 2014 2015 and 2018 2019 as seen above ltc carved out a long term low at 112 in january 2015 and rose to a high of 872 in july before falling back below 400 ahead of. Litecoins mining block reward halves every 840000 blocks which takes roughly 4 years to reach. As bitcoins halving in may 2020 approaches and if bitcoin returns to a bull market then litecoin could first regain 150.
I have added the halving dates onto this chart to see if there is any correlation between halving dates and price movement. Litecoin halving chart for bitfinexltcusd by cryptodisco tradingview hello traders welcome to my litecoin halving chart. Bitcoin btc halving history with charts dates.
Learn what bitcoin halving is and about the historical bitcoin price fluctuations as it relates to prior halvings. Around 500000 ltc was instamined on day one after the ltc genesis block was mined and charlie lee and presumably other early litecoin developers were among the first miners. Past halving price performance it is always a debate on what litecoin will do in terms of pricing for a halving event.
If the cryptocurrencies market returns to a very bullish phase as it did in 2017 then it is likely that litecoin will climb back to its historical high of 371 and then go even higher. The first halving event occurred on the 25th of august 2015 at block height 840000.
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Moon On Twitter The Litecoin Halving Is Quickly Approaching Ltc Bottomed Approximately 200 Days Before It S Halving In 2015 We Are Almost Exactly 200 Days Away From The Next Ltc Halving Ltc
