Andrew Kang: Bitcoin Unlikely to See a 30%+ Pullback in the Short Term, May Gradually Rise to $140,000–$160,000
Andrew Kang, partner at Mechanism Capital, stated that the current market environment is extremely favorable for Bitcoin, and he expects Bitcoin to continue rising amid volatility. He believes that before Bitcoin reaches at least $140,000 to $160,000, the likelihood of a deep correction of more than 30% is relatively low. He also mentioned that the policies implemented by Trump during the trade war period once served as a key bottom signal for Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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