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”.

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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