- 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”.
This will be one of the most exciting end of the year, we close the 32K GAP for some ETF news and then to the absolute dump. #Bitcoin pic.twitter.com/Gs7thL63Ye— Lemon (@TheCryptoLemon) October 21, 2023
BTC was the top trending cryptocurrency according to CoinMarketCap. Furthermore, it was trading above the psychological $30K mark at press time as well. This was after the leading cryptocurrency achieved a 1.43% gain over the past 24 hours. Notably, this positive daily performance had also pushed …
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