Yi Lihua identifies Bitcoin’s next key threshold: $82,600.
He noted that Bitcoin has broken above $80,300 and is holding steadily above the 20-day moving average. Only a strong breakout above $82,600 would usher in the second major upward wave, setting the stage for another test of resistance at $86,000. If Bitcoin breaks above $86,000, subsequent targets could be $97,000 and $104,000.
· He previously said that the pullback from $86,000 was a correction within a bull market, and that he would watch for a pullback but not short, as a rapid rebound could happen at any time.
· He mentioned that he realized it was time to buy the dip when Bitcoin was nearing $77,000, and said Bitcoin weathered the Binance black swan event.
The price levels and views above are all Yi Lihua’s own and reflect his personal opinions.
$BTC
He noted that Bitcoin has broken above $80,300 and is holding steadily above the 20-day moving average. Only a strong breakout above $82,600 would usher in the second major upward wave, setting the stage for another test of resistance at $86,000. If Bitcoin breaks above $86,000, subsequent targets could be $97,000 and $104,000.
· He previously said that the pullback from $86,000 was a correction within a bull market, and that he would watch for a pullback but not short, as a rapid rebound could happen at any time.
· He mentioned that he realized it was time to buy the dip when Bitcoin was nearing $77,000, and said Bitcoin weathered the Binance black swan event.
The price levels and views above are all Yi Lihua’s own and reflect his personal opinions.
$BTC
