BTC and LTC dips after hitting new Highs by tomlee

hive-167922 · @tomlee · Aug 2 '20

$1.59

BTC and LTC dips after hitting new Highs

I had been anticipating a drop or correction in the prices of these coins because over the last one week, they have been performing pretty well in the market.

![Screenshot_20200802-063117~2.png](https://images.hive.blog/DQmfNy5pdybNmRoRNfi8W4iHs5Tdbb4A1sdkHNapkenGs8F/Screenshot_20200802-063117~2.png)

BTC has been pumping massively, same with Litecoin and both have successfully hit new highs for 2020. BTC touched $12 and above while LTC touched $65. 

From the above screenshot I took, we see that bitcoin attained $12,154.24 mark price. And this happens to be its 2020 all-time high. We also see that it dropped drastically and sharply to a support of $10,490. It can only mean that people started dumping when it did hit 12k dollars.
____

![Screenshot_20200802-063756~2.png](https://images.hive.blog/DQmTi3zNd53VjxsYcTtifG2GRi2EsfB68uhGbnYeMPZFhkA/Screenshot_20200802-063756~2.png)
____

On the other hand, LTC achieved a $65 mark price and then dropped low to $51. 

**Should we expect a further dip?**

This I can't say because no one can accurately predict the market. But I'm hopeful that BTC will drop a little further to maybe, $10000.

Posted Using [LeoFinance](https://leofinance.io/@tomlee/btc-and-ltc-dips-after-hitting-new-highs)

👍 leo.voter, payroll, chris4210, gunthertopp, chungsu1, mammasitta, khaleelkazi, netzisde, axel-blaze, sc-steemit, taskmaster4450le, jasonshick, fantasycrypto, iptrucs, meppij, kitalee, uyobong, dcooperation, bert0, blessedman939, theisacoin, more4less, zainenn, pixelfan, firstamendment, gregan, mowemu, marvel1206, gadrian, leofinance, pvinny69, apoloo1, battebilly, dashfit, dwayne16, rehan12, hjmarseille, steemegg, peterpanpan, tomlee, drlobes, minnowspeed, freedomcoin, kork75, pearlumie, fun2learn, mangou007, hardaeborla, writeandearn, xanderslee, swirly, stephennevets, colmedwardsphoto, spiritking, sportsconnect, yestermorrow, evegrace, frankydoodle, snoochieboochies, sixexgames, psyo, pushpedal, steemian258, blackmagic, and 134 others

`author`	tomlee
`permlink`	btc-and-ltc-dips-after-hitting-new-highs
`category`	hive-167922
`json_metadata`	{"tags":["cryptocurrency","analysis","trading","stach","palnet","neoxian","creativecoin","bitcoin","litecoin","leofinance"],"image":["https://images.hive.blog/DQmfNy5pdybNmRoRNfi8W4iHs5Tdbb4A1sdkHNapkenGs8F/Screenshot_20200802-063117~2.png","https://images.hive.blog/DQmTi3zNd53VjxsYcTtifG2GRi2EsfB68uhGbnYeMPZFhkA/Screenshot_20200802-063756~2.png"],"app":"leofinance/0.1","format":"markdown","canonical_url":"https://leofinance.io/@tomlee/btc-and-ltc-dips-after-hitting-new-highs"}
`created`	2020-08-02 06:00:18
`last_update`	2020-08-02 06:00:18
`depth`	0
`children`	0
`last_payout`	2020-08-09 06:00:18
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.808 HBD
`curator_payout_value`	0.784 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,248
`author_reputation`	129,502,043,649,498
`root_title`	"BTC and LTC dips after hitting new Highs"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	98,847,887
`net_rshares`	4,874,121,003,980
`author_curate_reward`	""

properties (23)vote details (198)

voter	rshares	pct
chris4210	290,218,079,378	32.5%
justtryme90	1,369,892,333	32.5%
mangou007	5,326,109,856	3.36%
mammasitta	215,048,929,180	32.5%
nascimentoab	1,580,205,206	32.5%
bert0	17,027,949,050	3.36%
sc-steemit	75,359,807,093	32.5%
dashfit	7,517,374,334	32.5%
hoboway	805,029,831	32.5%
daj	626,918,223	32.5%
ihsan19	834,943,021	65%
yuslindwi	852,201,299	32.5%
sixexgames	3,359,934,771	32.5%
more4less	12,986,312,820	65%
frankydoodle	3,632,019,452	32.5%
freedomcoin	5,614,803,559	51%
mrstaf	1,232,666,418	32.5%
christianolu	1,032,860,864	90%
slefesteem	586,910,471	32.5%
kisom1	696,707,191	32.5%
diginaut	702,942,402	32.5%
friesennerz	1,662,556,530	32.5%
firstamendment	11,327,284,678	10%
gingerninja	1,881,017,060	10%
zacherybinx	2,340,838,691	65%
gunthertopp	285,898,379,270	6.5%
makrotheblack	2,605,259,408	32.5%
apoloo1	9,040,596,219	20%
mcoinz79	1,473,464,156	1%
blessedman939	14,049,168,807	32.5%
blackmagic	2,736,317,276	65%
pixelfan	12,166,328,136	2%
fatherfaith	689,937,323	32.5%
colmedwardsphoto	3,962,230,887	65%
jasonshick	56,877,216,156	10%
emekasegun	801,742,266	32.5%
pearlumie	5,502,741,416	32.5%
onyi	551,198,839	52%
rehan12	6,866,540,176	5%
yajirang	1,041,093,937	32.5%
ogejoy	642,941,270	50%
tezzmax	2,392,416,697	19.5%
gnarlyanimations	560,267,979	32.5%
tolarnee	770,416,147	32.5%
bcrafts	1,526,262,502	13%
gregan	10,986,496,438	65%
saifulanwar	557,760,208	32.5%
khaleelkazi	197,013,742,029	51%
flamingirl	840,205,538	3.36%
liverpool-fan	830,461,928	9.75%
battebilly	8,036,601,676	32.5%
airhawk-project	1,678,863,020	65%
kerry234	635,330,778	65%
marvel1206	10,523,983,271	32.5%
mirfaner	556,633,013	65%
tboyloyal	562,798,619	32.5%
hrhmikelength	789,506,710	32.5%
berkaytekinsen	1,594,141,977	65%
jutdagut	552,894,926	65%
motivatorjoshua	1,408,489,026	65%
xanderslee	4,233,476,577	65%
enjoyy	673,587,050	32.5%
stephennevets	3,970,519,353	32.5%
iptrucs	48,667,558,683	25%
funshel	640,911,339	32.5%
akumar	1,866,945,544	65%
azmielbanjary	2,170,687,572	32.5%
thedrewshow	539,407,085	65%
benie111	2,462,276,668	26%
eprolific	1,581,102,018	65%
irisworld	1,943,789,072	32.5%
fun2learn	5,474,285,135	3%
admiralsp	719,441,440	65%
leslierevales	1,527,209,668	32.5%
airhawk-exchange	1,504,924,373	65%
mrxplicit	981,978,072	65%
cheesom	686,647,046	32.5%
kamalkhann	820,484,704	32.5%
fantasycrypto	54,703,849,463	32.5%
oredebby	2,205,972,255	32.5%
loydjayme25	865,238,159	32.5%
photohunter2	587,571,793	32.5%
chungsu1	279,792,675,524	32.5%
preciousimo	1,249,619,337	65%
sportsconnect	3,859,363,697	65%
antigenx	559,313,908	26%
kitalee	32,808,761,391	32.5%
dwayne16	6,978,055,288	100%
atjehsteemit	594,608,829	32.5%
scottshots	2,625,466,294	4%
sunshinebear	1,008,587,297	32.5%
uyobong	31,990,856,683	53%
botefarm	1,508,839,354	50%
comidinhas	690,048,889	100%
carloniere	753,923,622	65%
paragism	1,390,855,733	6%
laviniatherapist	2,691,699,018	55.25%
bookoons	404,230,633	32.5%
gadrian	9,421,849,082	6%
gifty-e	678,766,752	65%
brainpod	532,218,392	25%
payroll	775,151,682,212	2%
jacksondavies	1,632,674,744	32.5%
thomaskatan	1,023,732,875	45.5%
jacksonchakma	1,120,191,392	5%
netzisde	133,465,121,844	65%
dawizy	1,141,934,356	52%
hardaeborla	5,145,760,824	32.5%
ihal0001	729,177,563	32.5%
evegrace	3,671,856,264	26.5%
femseen	962,122,038	70%
steemian258	2,827,723,543	32.5%
fabrik	1,949,843,376	65%
juanhobos	536,644,406	32.5%
montanacellist	2,064,196,598	32.5%
mastersa	1,952,829,838	32.5%
yestermorrow	3,801,237,311	9.75%
zainenn	12,507,835,707	10%
cynicalcake	897,121,946	32.5%
jk6276	33,939,029	1%
pvinny69	9,056,615,711	32.5%
minnowspeed	5,874,552,193	50%
voxmortis	600,899,259	0.25%
dcooperation	18,226,607,440	5%
laissez-faire	89,808,305	100%
jenniferjulius	1,356,754,864	32.5%
paololuffy91	1,156,705,899	26%
angoujkalis	901,523,097	32.5%
predict-crypto	2,327,922,838	1.3%
edward-abu	589,131,185	65%
topworlds	1,740,913,912	48.75%
memeteca	403,484,885	3.36%
pushpedal	3,090,328,210	32.5%
sirpee6	1,435,132,469	32.5%
sammiegold	540,349,044	26%
starbooks	1,932,778,031	32.5%
martinstomisin	576,399,457	32.5%
kork75	5,582,438,312	32.5%
fire451	998,656,314	65%
starfighter	534,039,962	65%
steemegg	6,477,236,452	16.25%
jtm.support	2,508,128,211	32.5%
writeandearn	5,000,496,549	100%
limka	45,285,500	100%
parth7878	1,144,829,163	32.5%
hungryanu	1,069,476,304	19.5%
engrsayful	2,355,269,546	5%
zackarie	783,980,669	32.5%
swirly	4,047,600,898	32.5%
lammbock	2,312,699,452	50%
loudutim	2,425,383,936	32.5%
gadrian-sp	932,124,111	6%
haxxdump	22,263,545	10%
oemplus	691,772,795	32.5%
dec-collector	1,111,973,384	65%
psyo	3,256,884,072	32.5%
tomlee	6,204,088,294	32.5%
mindtrap-leo	21,622,488	4.2%
leo.voter	1,722,962,254,849	20%
leo.curator	1,632,837,328	49.47%
hyborian-strain	757,931,806	9.75%
zaku-leo	679,982,607	20%
midlet-yourleo	768,939,816	49.47%
taskmaster4450le	58,377,472,880	47%
tokensink	658,317,703	65%
drlobes	6,201,992,735	32.5%
vxc.tra	0	20%
deflacion	1,002,454,209	9.9%
spinvest-leo	360,040,777	5%
sullijay1	662,662,197	70%
coinlogic.online	998,834,964	32.5%
akpofure	219,640,586	51%
tonimontana.leo	147,180,130	4.21%
tonimontana.neo	0	0.29%
axel-blaze	97,932,569,465	6.5%
mowemu	10,574,854,848	32.5%
javb	651,389,200	20%
snoochieboochies	3,443,334,966	10%
vikas612	919,190,414	32.5%
tariqul.bibm	2,123,243,860	10%
hjmarseille	6,485,591,680	45.5%
passthestixxx	964,260,243	65%
toni.pal	0	0.46%
mengene	2,143,867,324	32.5%
senithegrapher	1,167,580,142	32.5%
theisacoin	14,008,930,114	10%
leofinance	9,195,065,351	20%
maxwellelisha19	1,386,625,387	32.5%
spiritking	3,870,087,505	100%
jwynqc	1,429,321,775	32.5%
peterpanpan	6,240,627,302	6.5%
meppij	36,288,434,994	9.75%
ayoyemi1	766,157,835	32.5%
adamsidney	61,026,343	10%
hive-homeland	496,501,539	32.5%
anjeslayer	577,761,064	16.25%
sunita2990	630,194,322	32.5%
hiveans	577,738,571	16.25%