Bitcoin short sellers are going to go gaga after reading this
The king of cryptocurrency, Bitcoin [BTC], suffered a massive plunge in its price in June when the crypto market crashed, marking 2022 lowest of $18,154.
However, soon after, the coin gained a steady uptrend for the next two months. BTC also managed to cross the $24,000 mark, giving hope for a massive bull run soon.
But with recent developments, the situation may witness a change.
At the time of writing, BTC was trading below the $24,000 mark, at $23,491, with a market capitalization of $449,275,521,406.
Source: CoinMarketCap
A Chicago-based investor CryptoWhale with 533.8k followers on Twitter, recently tweeted that it expects a Bitcoin market crash.
According to the Twitter handle, a bearish divergence formed on BTC’s charts, indicating a plunge in its price was around the corner.
While many had different opinions, most Twitter users seemed to agree with CryptoWhale.
<p lang=«en» dir=«ltr» xml:lang=«en»>#Bitcoin Crash Incoming Read more on ambcrypto.com
![Bitcoin [BTC] investors should read this before making investing decision](https://gocryptonft.com/storage/thumbs_400/img/2022/8/29/62995_srigz.jpg)
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