🔥 Bitcoin is setting up for another leg higher.
Chairman of Liquid Capital, JackYi, believes that the resistance zone around $81,000 has not been broken through completely.
His scenario:
• BTC may continue to consolidate slightly over the next few days
• Then surge strongly and break $81K
• The next resistance target is around $86K
• JackYi plans to close the long position at the $86K area
• He expects this area could see a major correction
Notably, JackYi still assesses that a bull market is coming. Even at the resistance zone, he says he would only consider a short rather than actually opening a short position.
$81K is the gate. $86K is the exit. 💀
What do you think: does BTC have enough strength to break $81K and move toward $86K, or will the $81K zone remain a tough wall to overcome?
#bitcoin $BTC
#crypto
Chairman of Liquid Capital, JackYi, believes that the resistance zone around $81,000 has not been broken through completely.
His scenario:
• BTC may continue to consolidate slightly over the next few days
• Then surge strongly and break $81K
• The next resistance target is around $86K
• JackYi plans to close the long position at the $86K area
• He expects this area could see a major correction
Notably, JackYi still assesses that a bull market is coming. Even at the resistance zone, he says he would only consider a short rather than actually opening a short position.
$81K is the gate. $86K is the exit. 💀
What do you think: does BTC have enough strength to break $81K and move toward $86K, or will the $81K zone remain a tough wall to overcome?
#bitcoin $BTC
#crypto
