Liquid Capital founder Yi Lihua says he is holding off on buying the dip for now, warning that the fallout from the Jensen Huang affair could keep weighing on US stocks. He says he took profit on a Bitcoin entry near $77,000 and holds only a small spot position.
The story so far: Yi Lihua bitcoin pullback calls
Liquid Capital founder Yi Lihua warned of a Bitcoin pullback near $86,000 and stayed in cash, then turned bullish with a $120,000 target. He bought Bitcoin at $77,000 and exited at $78,000-$79,000, warning against stubborn leverage as US stocks turned. He now says he is not buying the dip yet, citing fallout…
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Yi Lihua says he is not buying the dip yet, warns on US stocks
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