JackYi: BTC May Be in the Last Major Drop of This Cycle, July-August Could Be the Best Bottom-Fishing Window
Source:
x.com
JackYi (@Jackyi_ld) stated in a post that Bitcoin is currently experiencing its third wave of decline since October 11, which may be the last major drop of this cycle. Based on BTC's all-time high of $126,000, a 60% drop corresponds to approximately $51,000, and a 66% drop corresponds to approximately $43,000. He believes the market trend is closely tied to US stocks and MicroStrategy's position fluctuations. The Federal Reserve's stance on CPI and changes in interest rate expectations are core variables, while potential black swan events at the tail end of the bear market also warrant caution. Overall, July to August may be the final bottom range of this cycle, representing the most worthwhile bottom-fishing opportunity to seize in the next three years.