Yi Lihua Says Bitcoin Faces Pullback Before Potential Rise to 86

Yi Lihua said that after Bitcoin failed to break above the $81,000 resistance level a few days ago, he has viewed the current phase as a pullback. He said the pullback range is between 75.5 and 76, followed by a possible rise to the next resistance level at 86. According to Odaily, he added that his judgments over the past few months have been broadly correct, but that does not mean future calls will always be right, and traders should remain cautious and start fresh with each trade.