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Andrew Kang: Bitcoin may continue to oscillate upwards, and a pullback of over 30% is unlikely in the short term.
On June 14, Andrew Kang, a partner at Mechanism Capital, stated on social media that “the measures taken by Trump during the trade war” were the absolute bottom for Bitcoin. The current market environment is very favorable for Bitcoin to continue its upward volatility. It is expected that before Bitcoin reaches at least $140,000 to $160,000, it will be difficult to see a pullback of more than 30%.