BTC, ETH, LTC September 2017 Predictions. Bitcoin soars to $4,700, ETH up $53.72 from last week, and LTC climbing up to $70

As BTC breaks through another threshold, many investors and cryptocurrency enthusiasts are left pondering whether or not the leading cryptocurrencies price will plummet or continue to rise. Looking at the history of BTC, infused with basic knowledge of human psychology, it seems as though it is inevitable that once we see BTC reach $5,000 there will be many people selling their Bitcoins. This may cause a slight dip in price as we saw in mid-late July when BTC reached the $2,200-2,600 range. This dip was then followed by a tremendous increase which will most likely happen again once BTC reaches $5,000. The news of BTC reaching $5,000 will without a doubt be headlining most mainstream media outlets all over the world. This will ultimately increase BTC's following and draw in more potential investors and users. This means that the price will continue to climb despite the dip resulting from the trigger happy investors who sell at $5,000. By the end of September it is projected that BTC will be worth $6,000-$6,500.

If this projected dip does in fact happen again in September we will see a continuing increase in ETH and LTC because previous BTC investors will most likely invest their BTC profits into another currency which is cheaper and has the same if not more potential than BTC. The fact that LTC can generate a block in 2.5 minutes as opposed to BTC's 10 minutes will draw more attention to the newer currency and potentially encourage investors to take the gamble and buy into the faster processing times. Based off of the previous increases seen by the LTC market starting in April, it is safe to say that the potential for LTC to reach $90-130 by the end of September and $300-350 by the end of 2017 is very high.

Just as LTC has faster processing times than BTC, so does ETH. An ETH transaction can be processed in seconds while BTC can take a couple minutes. Not only does ETH have faster processing times, but it also was built on a different platform which very well could be the future of the digital age. ETH facilitates peer to peer contracts and applications, using its own currency as a vehicle to help the platform operate. Many investors are catching on to this new platform causing the price of ETH to go up. Just like LTC, ETH also seemed to take off around April when cryptocurrency began making mainstream media headlines. At $388.02 per ETH we can expect the price to continue to go up with minor dips along the way. Just like BTC's dip in July, ETH also experienced an almost $100 fall going from $230 down to $145. This is once again no reason to worry as that dip was followed by a $200 increase which will most likely happen again once ETH hits $400 around mid September.

Since the media is now bringing more attention to cryptocurrency, the masses will slowly understand the inspiring potential cryptocurrency brings to struggling economies and these newly informed people will start utilizing the new currency more often. This will ultimately cause the price of all cryptocurrencies to go up; those who invest in crypto's infancy will reap monumental rewards in the future.