Crypto News
BTC Could Reach $32K Before a Strong Dump, Says Analyst
Lemon, a cryptocurrency trader and analyst, predicted that BTC may experience an “absolute dump” towards the end of the year.
According to the post, BTC could reach $32K due to positive ETF developments before the dump.
At press time, BTC was trading above $30K after its 24-hour gain of 1.43%.
The cryptocurrency trader and analyst Lemon predicted in an X (formerly Twitter) post yesterday that Bitcoin (BTC) may undergo a strong dump towards the end of the year. In the post, the analyst anticipated that the market leader may close the $32K gap for some exchange-traded fund (ETF) news. Shortly thereafter, he believes BTC will experience an “absolute dump”.