Mechanism Capital partner Andrew Kang forecasts Bitcoin’s bullish momentum will continue, asserting a significant price correction exceeding 30% remains improbable until the cryptocurrency reaches the $140,000-$160,000 range. This outlook highlights Bitcoin’s resilience amid macroeconomic uncertainties and shifting investor sentiment.
Kang observed that regulatory pressures during the Trump administration’s trade war era established a market bottom for Bitcoin, creating foundational conditions for the current sustained upward trajectory. He characterized the present environment as fundamentally robust and supportive of continued growth, though ongoing volatility should be anticipated.
Market analysts aligned with Kang’s assessment indicate that absent a breakthrough to the $140K-$160K threshold, deep retracements appear unlikely in the near term. The projection underscores Bitcoin’s evolving maturity as it navigates complex global financial landscapes while maintaining bullish technical structure.