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<p>Prominent crypto analyst <a href="https://twitter.com/Ashcryptoreal/status/1779248695793381557?t=ffr1Lxhg_UInwYwsyJQ2kw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Ash Crypto</a>, known for accurately calling the recent $10,000 Bitcoin dip, believes the correction in the world’s largest cryptocurrency is not over yet. In a recent tweet, Ash Crypto expressed his “strong feeling” that the current run, fueled by the Bitcoin halving event, has reached its peak for now.</p>
<p>According to Ash Crypto, whose Twitter handle is @Ashcryptoreal, he expects Bitcoin to experience a significant correction, with prices potentially dropping to the $50,000-$58,000 range. However, he remains bullish on Bitcoin’s long-term prospects, predicting that the cryptocurrency will resume its upward momentum towards the end of 2024 and eventually break through the $100,000-$150,000 mark by early 2025.</p>
<p>“We pumped from $15,000 to $73,000 without any major big correction, and in my opinion, a pullback is due,” Ash Crypto stated in his tweet. He acknowledges that the frenzy surrounding a potential Bitcoin ETF (Exchange-Traded Fund) approval could potentially disrupt historical cycles, but he remains cautious, suggesting that a correction is likely.</p>
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<p>Ash Crypto’s prediction comes amid a recent dip in Bitcoin’s price, which dropped from around $64,000 to $61,000 yesterday. Despite facing criticism for his bearish stance, the analyst remains committed to sharing his insights, stating, “I will always try my best to share my positions as well.”</p>
<p>While Ash Crypto anticipates a substantial correction in the short term, he remains optimistic about the long-term prospects of the crypto market. He revealed that he is currently holding various altcoins (cryptocurrencies other than Bitcoin) in anticipation of a potential “altseason,” where these alternative coins could potentially see gains of 10x to 100x. Ash Crypto plans to hold these altcoin positions comfortably for the next 12-16 months.</p>
<p>It’s worth noting that Ash Crypto’s predictions should be taken with a grain of salt, as the crypto market is known for its volatility and unpredictability. However, his track record of accurately calling the recent dip adds weight to his analysis.</p>
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<p>The post <a href="https://captainaltcoin.com/expert-who-called-the-bitcoin-dip-says-correction-isnt-over-points-to-when-btc-will-reverse/" rel="noopener noreferrer nofollow">Expert Who Called the Bitcoin Dip Says Correction Isn’t Over, Points to When BTC Will Reverse</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Who Called the Bitcoin Dip Says Correction Isn’t Over, Points to When BTC Will Reverse

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