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LD Capital founder Jack Yi said the broader uptrend remains unchanged despite the recent market pullback.
In a post on X, Yi said Bitcoin had been expected for more than 20 days to rise to around $86,000 before facing a sharp correction, and added that he had continued to watch for further downside after BTC reached that level a few days ago. Yi said a short-term correction does not alter the broader bull market trend, and added that the early stage of a bull market tends to present multiple buying opportunities while some high-quality assets may rise in sequence regardless of broader market moves.