Mechanism Capital Partner: Bitcoin May Continue to Oscillate Upward, Short-Term Correction of Over 30% Unlikely

According to ChainCatcher, Mechanism Capital partner Andrew Kang posted on social media, "The measures taken by Trump during the trade war period marked the absolute bottom for Bitcoin. The current market environment is very favorable for Bitcoin to continue its upward oscillation. It is expected that before Bitcoin reaches at least $140 thousand to $160 thousand, it is unlikely to see a deep correction of more than 30%."