#BTC

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

#Crypto #BitcoinHalvingMagic