Svmuu News: Jack Yi (Yi Lihua), founder of Liquid Capital, posted on X stating that this is the third downtrend since 1011. According to Elliott Wave Theory and cyclical patterns, Bitcoin this is the final major downtrend.The market’s primary focus is on Bitcoin the bottom price of this downturn, with the main factors being U.S. stocks and MicroStrategy. Federal Reserve Concerns over the CPI could trigger shifts in expectations regarding interest rate cuts or even hikes, thereby leading to a sustained correction in U.S. stocks. Secondly, the tail end of past bear markets has often been marked by black swan events or sudden crises, which have not yet materialized in this cycle; the situation still requires close monitoring.
Based on the all-time high of $126,000 (Bitcoin), a 60% decline would correspond to $51,000, while a 66% decline would correspond to $43,000. In any case, July and August should be the final window—and the best time to buy the dip—and may even represent the most worthwhile trading opportunity of the next three years.
Yi Lihua: Bitcoin This cycle may be heading into its final major downturn; July and August may be the best time to buy the dip.
Source:Odaily · Source Link
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