Andrew Kang: Bitcoin Likely to Continue Gradual Uptrend, Unlikely to See a Short-Term Correction of Over 30%

BlockBeats News, June 14 — Andrew Kang, partner at Mechanism Capital, stated on social media that “the measures taken by Trump during the trade war period” marked the absolute bottom for Bitcoin. The current market environment is highly favorable for Bitcoin to continue its upward momentum. He expects that it will be difficult to see a deep correction of more than 30% before Bitcoin reaches at least $140,000 to $160,000.