Coin Edition -
- 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