Jack Yi Forecasts ETH and BTC Will Reach Major Targets

The founder of Liquid Capital fund recently shared an optimistic outlook on the future of the cryptocurrency market on X platform. Despite recent price fluctuations in the market, Jack Yi remains confident in the potential for a significant new bull market. His forecast indicates that Ethereum (ETH) could reach $10,000, while Bitcoin (BTC) has the potential to surpass $200,000.

Currently, ETH is trading around $2,060 and BTC at $69,510. If Jack Yi’s predictions come true, ETH would need to increase approximately 385%, while BTC would have to rise nearly 188% from their current levels.

Market Corrections Open Buying Opportunities

According to Jack Yi, recent corrections are not signs of a weakening market but part of a healthy risk management strategy. He emphasizes that now is an optimal time to accumulate cryptocurrencies, especially considering the profit potential over the next three years.

Jack Yi also admits there is some disappointment within the industry, citing liquidity issues and recent concerns about platform manipulation. However, these concerns do not diminish his long-term confidence.

Volatility Is the Rule, Recovery Is the Norm

Based on Jack Yi’s observations, volatility is an inherent characteristic of the cryptocurrency market. History shows that optimistic investors are often shaken by sharp fluctuations, but they subsequently witness impressive recoveries. His forecasts for ETH and BTC are based on a deep understanding of this cyclical nature of the market.

Jack Yi’s perspective reflects an ongoing debate within the crypto community: whether now is the beginning of a long-term bull cycle. His predictions of ETH surpassing $10,000 and BTC exceeding $200,000 continue to maintain optimism about the market’s growth potential.