#HotTrends #BTC   

Bitcoin has officially entered the "Danger Zone" (orange) where historical Pre-Halving Retraces have begun

Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving

In 2020, this retrace was -20% deep

In 2016, this retrace was -40% deep

Currently, $BTC is approximately 28 days away from the Halving and has pulled back -14% in total since last week

#Crypto #Bitcoin   #HotTrends