yes ...the destiny of litecoin depends on what will happen with the bitcoin after the 1st of August ...actually all the Altcoins are waiting to see what will happen with the bitcoin after the 1st of August
bitcoin is the King of all the cryptocurrencies - all the Altcoins are cashing to fiat money and hedging thru bitcoin and so their strategy heavily depends on the bitcoin
RE: Litecoin going to hit $70?