Crypto Trader Says Bitcoin (BTC) on the Cusp of Reaching ‘Next Big Level' – But There's a Catch

A crypto trader says that crypto king Bitcoin (BTC) could surge to a new 2023 high before undergoing a correction. Pseudonymous analyst Altcoin Sherpa says Bitcoin could go up by single-digit percentage points from current levels to $32,000. According to Altcoin Sherpa, Bitcoin could thereafter potentially drop drastically after the modest rally.