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Discussing the group supporting the BIP110 fork, Blockstream co-founder Adam Back said attempts to impose personal views on Bitcoin would ultimately be rejected by the market.
Arthur Hayes says USD liquidity is recovering, but he expects Bitcoin to remain weak until the Fed or banks begin expanding their balance sheets.
Bonk Guy said that BTC fell from 79,000 USD to 77,000 USD; some altcoins remained relatively resilient during this period, and he expects the altcoin correction may be nearing its end.
Liquid Capital Founder Yi Lihua stated that BTC 79000 USD strong support level was breached by what he described as a “black swan,” and the originally planned 75000 and 71000 USD levels need to be re-observed and adjusted.
Citing trader Killa, BlockBeats said that he still holds positions initiated from 76.4K BTC long positions, and believes that the Binance hack incident may become an important low before a major rise in the crypto market.
Liquid Capital Founder Yi Lihua said that amid market turbulence, investors should not expect continuous profits. He remains bullish on Bitcoin’s bull-market trend but will wait for a sufficient pullback.
CryptoQuant founder Ki Young Ju said that, year to date, Bitcoin spot ETF net inflows are close to zero,BTC having fallen by only about 7%. He expects that as election uncertainty fades and ETF inflows recover, bullish momentum may return.
Grant Cardone proposed to Jason Calacanis a 1000000 USD bet, wagering BTC by October 28, 2028 reaching or exceeding 126,210.50 USD。
Strategy co-founder Michael Saylor stated that the fact that anyone can create a cryptocurrency does not mean there is no reason to buy Bitcoin.
Liquid Capital Founder Yi Lihua said that BTC if it falls below 79000 USD, subsequent strong support levels may be at 75000 and 71000 USD; he still regards 57000 USD as the bottom of this bear market.
BlockBeats cited analyst NoName as saying that Bitcoin may first retreat to 75000 USD, then gradually rise to approximately 190000 USD at the cycle high.
PANews reported that trader Killa said historical extreme lows formed when multiple bearish factors erupted simultaneously, and Bitcoin may not revisit that low. He advised continuing dollar-cost averaging in the coming weeks BTC。
