Add as a preferred source on GoogleLiquid Capital Founder Says He Exited Bitcoin Over U.S. Stock Concerns
He said he entered near $77,000 and left after Bitcoin pulled back to a range from $78,000 to $79,000.
Liquid Capital founder 易理华 said Friday he left a Bitcoin (BTC) trade after the price pulled back into a range from $78,000 to $79,000, citing concerns about U.S. stocks and broader macro conditions.
He said he entered near $77,000. 易理华 described the wider financial and macroeconomic picture as unfavorable and said he planned to wait for clearer conditions before considering another entry.
He also cautioned against holding leveraged positions when market conditions feel wrong. He said trading opportunities would continue to emerge as markets change, and that he preferred to miss part of a move rather than enter too early.
The comments follow his earlier warning to crypto investors to avoid leverage and wait for clearer market conditions.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.