Yi Li Hua: Bitcoin's Strong Rebound Breaks $68,000, Signaling End of Crypto Downtrend

BlockBeats News, August 20th, Liquid Capital (formerly LD Capital) founder Richard Li made a statement, emphasizing multiple times before that July to August might be the final opportunity to buy the dip. From the historical Bitcoin price correction pattern, after the end of the last rebound and experiencing the third stage of decline, if BTC strongly rebounds and breaks through $68,000, it may indicate the end of the cryptocurrency market downturn.

Investors should not try to catch the absolute bottom at a specific price point, nor should they attempt to short during the bottom range. He believes that the two most important things to focus on next are: how to operate in the new uptrend cycle to maximize profits, and to seize opportunities in the AI field at other times.