Andrew Kang: Bitcoin Likely to Continue Gradual Uptrend, Short-term Pullbacks of Over 30% Unlikely

BlockBeats News reported on June 14 that Andrew Kang, a partner at Mechanism Capital, stated on social media, "The measures taken during Trump's trade war era were the absolute bottom for Bitcoin." The current market environment is very favorable for Bitcoin to continue its upward trend with sustained volatility. It is expected that a deep correction of over 30% will be unlikely until Bitcoin reaches at least $140,000 to $160,000.