Crypto Trader and Analyst Rekt Capital tweeted that BTC could go through a period of retracement soon. As such, the analyst expects it to retrace by -30% whereby BTC could reach somewhere as low as $20,000. The analyst supplemented this notion by considering the pre-halving phase, where BTC retraced by -25 in 2015/2016 and -38 The post Analyst Expects BTC to Retrace by -30% to $20K, Will It? appeared first on Coin Edition .
![Bitcoin [BTC] Price Analysis: Will BTC Plunge Further or Rally to $86k?](https://resources.cryptocompare.com/news/77/29576689.jpeg "Bitcoin [BTC] Price Analysis: Will BTC Plunge Further or Rally to $86k?")
