This is officially the ninth day that Bitcoin has been in 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 21 days away from the Halving, pulled back almost -18% in total and is now moving sideways
