#BTC   

It's been 23 days since Bitcoin officially entered the "Danger Zone" (orange) where historical Pre-Halving Retraces have begun

Currently, $BTC is 5 days away from the Halving and pulled back -18% in March and -15% this April

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

#Crypto #Bitcoin