Yi Lihua: Bitcoin Faces Significant Resistance Near 86, But Bull Market Trend Still Warrants Looking for Long Opportunities

Odaily News: LD Capital founder Yi Lihua posted that 20 days ago he predicted Bitcoin would face significant resistance upon rising to around 86, and believed that closing long positions near that level would be the better choice.

JackYi stated that despite the short-term pullback, he still maintains a bull market outlook and is not considering shorting. He believes bull markets do not rise in a straight line, and each pullback may present new entry opportunities. He also emphasized the importance of timely stop-losses and risk management in trading.