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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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🗣 Bitcoin has officially entered 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 28 days away from the Halving and has pulled back -14% in total since last week.
#Gate Post Highlights# #NewYear2024# #ContentStar# #比特币# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator# #Crypto #
If this happens, $BTC will retrace to $59,000 +- and I will open a $1m long position. . .