Yili Hua: Bitcoin needs to strongly break through $82,600 in the next step to welcome the second wave of the main upward trend
Liquid Capital founder Yi Lihua stated that Bitcoin has currently broken through 80,300 USD and stabilized above the 20-day moving average. The next step requires a strong breakthrough of 82,600 USD to hope for the arrival of the second wave of the main upward trend, and to challenge the strong resistance level of 86,000 USD again. If it breaks through 86,000 USD, the subsequent target levels will look towards 97,000 USD and 104,000 USD.
Yi Lihua mentioned that the pullback near 86,000 USD was a normal adjustment within the bullish trend, so even when anticipating a pullback, he would not choose to short, as the market could rebound quickly at any time. He also stated that he began to buy the dip when Bitcoin was close to 77,000 USD, but due to external factors affecting trade execution, he missed part of the rebound.