Founder of BlockTower: Bitcoin's retracement range is between $73000 and $77000

Foresight News reported that Ari Paul, founder of BlockTower, posted on social media that cryptocurrency will lead the overall macro inflation shift and may restore the bull market within 6 months, while stocks will begin to rebound after 9 months. It expects the pullback range of Bitcoin to be between $73000 and $77000, and suggests that it may increase its position in this price range. He maintains confidence that the cryptocurrency bull market is not over yet, but believes that this bull market is significantly different from previous cycles and may be slower and more sustained. It pointed out that the stock market will experience a painful phase in the next 4 to 15 months, expected to last about 9 months, mainly related to the government's deflationary policies such as tariffs and large-scale layoffs. Cryptocurrencies and stocks are in different cyclical rhythms, but the short-term correlation still exists. Shanzhai coins may initially follow the stock's decline, but due to a significant drop in price compared to 2021, they may hit bottom before the stock.