Understanding Apeing in Crypto.
lhorgic
In 4 days, #btc will officially enter the danger zone , or the orange zone.
The historical Pre-halving Retraces Have begun.
Historically, #BTC has performed Pre-halving Retraces 14-28 days before the halving.
in 2020 this retrace was -20% Deep, in 2016 it was -40% deep.
Currently #BTC is 32 days away from the halving and has already pulled back 11% this week.
We can look at these 7 days chart.
After the halving however btc will reach above 120K$
TO MOON WE GO