Strong

Bitcoin

<ul class="news-points">
 <li><strong>Lemon, a cryptocurrency trader and analyst, predicted that BTC may experience an “absolute dump” towards the end of the year.</strong></li>
 <li><strong>According to the post, BTC could reach $32K due to positive ETF developments before the dump.</strong></li>
 <li><strong>At press time, BTC was trading above $30K after its 24-hour gain of 1.43%.</strong></li>
</ul>
<p>The cryptocurrency trader and analyst Lemon predicted in an X (formerly Twitter) post yesterday that <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> 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”.</p>
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   <p lang="en" dir="ltr">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. <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/Gs7thL63Ye" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Gs7thL63Ye</a></p>— Lemon <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f34b.png" alt="🍋" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TheCryptoLemon) <a href="https://twitter.com/TheCryptoLemon/status/1715789302980890799?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 21, 2023</a>
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<p><a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">BTC was the top trending cryptocurrency</a> 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 …</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btc-could-reach-32k-before-a-strong-dump-says-analyst/">BTC Could Reach $32K Before a Strong Dump, Says Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC Could Reach $32K Before a Strong Dump, Says Analyst

Coin Edition

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