Huoxing Finance reports that on September 2, Yi Lihua, founder of Liquid Capital, posted on social media that after Bitcoin failed to break through the $81,000 resistance level a few days ago, he had been expecting a pullback, with support in the range of $75,500 to $76,000, followed by a continued bullish outlook toward the next resistance level at $86,000. His analysis over the past few months has been largely accurate, but that doesn’t mean future predictions will always be correct—each trade requires caution and a fresh start. Making mistakes is normal. Many say market analysis is easily disproven, and one error can undo all progress. Yet, embracing challenges and continuously improving is the essence of entrepreneurship—failure is simply part of the business process.
Yi Lihua predicts a short-term Bitcoin pullback to $76,000 before it rises to $86,000.
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Yi Lihua, founder of Liquid Capital, shared on September 2 that Bitcoin is likely to retrace to $75,500–$76,000 after failing to break through the $81,000 resistance level. He anticipates a rebound toward the next resistance level at $86,000. Yi noted that his recent market predictions have been accurate but cautioned traders to remain cautious. Among altcoins to watch, market participants are closely monitoring how Bitcoin’s price action influences overall crypto sentiment.
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