Yi Lihua: Bitcoin’s Third Downward Wave May Be the Last, July–August Could Be Key Bottom Zone

Yi Lihua, founder of Liquid Capital, stated that Bitcoin’s current price action represents the third wave of decline since the October 11 high, suggesting it could be the last major drop of this cycle. He identified U.S. stock market trends, Strategy’s performance, and the Fed’s reaction to CPI data as key factors. Highlighting that bear market tails often accompany black-swan events, he noted none have emerged yet. Based on the $126,000 high, a 60% drop targets $51,000 and a 66% drop targets $43,000. He believes July–August 2026 will form the final bottom zone and the best accumulation window for the next three years.