Yi Lihua: BTC Has Broken Above 4-Hour 20-Day Moving Average; First Small Target Is Breaking $80,000
Nov 4, 15:48
November 4: Liquid Capital founder Yi Lihua (JackYi) posted: "BTC now has rebound demand after starting from the 40-day pullback downtrend line. It has already broken above the 4-hour 20-day moving average, and the 4-hour mid-line is favorable for bulls. The first small target is to break $80,000. After a successful break above $80,000, the strong resistance at $82,600 will be in focus. These two days mark the first time I have looked for a rebound since the pullback."