Andrew Kang: Bitcoin is unlikely to see a 30% correction in the short term, and may fluctuate upward to $140,000-160,000
2025-06-13 16:40
Odaily News Andrew Kang, partner of Mechanism Capital, said in a post that the current market environment is extremely favorable for Bitcoin, and it is expected that Bitcoin will continue to rise amid volatility. Before it reaches at least $140,000 to $160,000, the possibility of a deep correction of more than 30% is low. He also mentioned that the policies adopted by Trump during the trade war had become a key bottom signal for Bitcoin.
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