Yi Lihua, founder of Liquid Capital, has expressed optimism about an impending major crypto bull market, citing both macroeconomic conditions and technical indicators. In a recent post, Yi highlighted that the US, China, and South Korea, key markets for the crypto industry, are experiencing stock market bull runs. Despite a disappointing four years since Bitcoin's peak at $69,000 in 2021, Yi believes the current environment, marked by potential interest rate cuts and the globalization of stablecoins, is ripe for a crypto resurgence.
Yi also noted that industry leaders such as Binance and Tether are actively investing, reinforcing the belief in a forthcoming bull market. He echoed sentiments from Binance CEO CZ about an approaching crypto supercycle, suggesting that while the bull market may develop slowly, it promises to be spectacular.
Yi Lihua Predicts Imminent Crypto Bull Market Amid Global Economic Trends
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