In 4 days, Bitcoin will officially enter 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 32 days away from the Halving and has pulled back -11% this week.
source: rekt capital on x
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