Bitcoin advocate and accountant Rajat Soni warned, “Never trust a weekend pump or dump,” as Bitcoin plunged and over $2 billion was wiped from the crypto market.
Bitcoin’s fall of around 7% to $77,000 on Saturday might have marked the low of this cycle, according to Bitcoin analyst PlanC.
It comes as other crypto analysts continue to call for further downside for Bitcoin (BTC) in the coming months.
“Decent chance this will be the deepest pullback opportunity this Bitcoin bull run,” PlanC said in an X post on Saturday.
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