Yi Lihua: Bitcoin Expected to Rebound to $85,000, Next Major Correction May Be Last Buying Opportunity

On April 21, Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated that he has been anticipating a rebound rather than a reversal. The key question is where the rebound will reach; initially, he expected it to hit $85,000. However, no one can pinpoint the exact timing, and it is crucial to manage expectations and risk for profit-taking. From a trading and cyclical perspective, there may be one more significant correction, which could present an excellent last buying opportunity. Currently, potential triggering factors include a pullback in U.S. stocks from historical highs, a decline in risk assets, uncontrollable oil prices, and alarming inflation data that could lead the Federal Reserve to abandon interest rate cuts and even consider raising rates. The outlook for mid- to long-term investments remains optimistic, while short-term risk management is essential.

BTC-0.44%
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