Yilihua: Bitcoin's decline may be the last wave of the cycle, with July to August being a bottom-buying opportunity
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Liquid Capital founder Yi Lihua stated that the current Bitcoin decline may be the last wave of this cycle. Yi Lihua pointed out that the movements of the US stock market, MicroStrategy, and changes in Federal Reserve interest rate policy are key influencing factors, and it is also important to pay attention to potential black swan events at the tail end of the bear market. Calculating based on Bitcoin's peak of $126,000, a 60% decline corresponds to $51,000 and a 66% decline corresponds to $43,000. July and August are the best times to buy the dip, and also present opportunities worth acting on for the next three years.
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