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Yilihua: Bitcoin’s strong rebound breaking through $68,000 may signal the end of the crypto bear market cycle.

2026.08.20 17:48:01

Liquid Capital (formerly LD Capital) founder Yili Hua wrote in an article that he had repeatedly emphasized earlier that July to August could be the final bottom-hunting window. Based on Bitcoin’s historical decline patterns, after the end of the previous rally and the third stage of decline, BTC has rebounded strongly to break through the $68,000 mark, which may signal the end of the crypto market’s bear cycle. Investors should not attempt to catch the exact bottom at a specific price point, nor should they try to short in the bottom range. He noted that the two most noteworthy things moving forward are: how to operate in the new bull cycle to maximize returns, and seizing development opportunities in the AI sector at other times.

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