Mechanism Capital Partner: Bitcoin may experience a significant pullback only after rising to $140,000-$160,000.

On June 14, Andrew Kang, a partner at Mechanism Capital, posted on social media stating that “the measures taken by Trump during the trade war” were the absolute bottom for Bitcoin. The current market environment is very favorable for Bitcoin to continue its upward fluctuations. It is expected that it will be difficult to see a pullback of more than 30% before Bitcoin reaches at least $140,000 to $160,000.

BTC-2,55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt