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Jack Yi says Bitcoin rebound puts focus on $82,600 resistance

NewsFeeds update

LD Capital founder Jack Yi says Bitcoin rebounded quickly after touching a descending trend line near $75,700 following about 40 days of correction from 22 Sept. He sees the price climbing toward $82,600 and says investors should wait for confirmation before judging direction.

BitcoinCoinNessAIBullish

Read the original on CoinNess

The story so far: Jack Yi bitcoin pullback outlook

LD Capital founder Jack Yi said Bitcoin was expected to rise to around $86,000 before a sharp correction, which occurred, and that the pullback is normal within a broader bull market. He now says BTC rebounded after touching a descending trend line near $75,700 and sees it climbing toward $82,600, urging confirmation…

  1. LD Capital founder says BTC resistance near $86,000 played out, bull market intact

    LD Capital founder Jack Yi said on X that Bitcoin was expected for over 20 days to rise to around $86,000 before a sharp correction, which occurred days ago, and that he kept watching for further downside. Yi said the short-term correction does not change the broader bull…

    BitcoinCoinNessAI

  2. LD Capital's Jack Yi says $82,000 is key BTC level as pullback continues

    LD Capital founder Jack Yi said on X that the market is in a pullback within a daily uptrend channel and has not reached a trend reversal, calling a recent short-term false breakout a typical bull trap. He said $82,000 is the key correction level, with a hold possibly ending…

    BitcoinCoinNessAI

  3. LD Capital founder calls Bitcoin pullback normal within broader bullish trend

    Jack Yi, founder of crypto investment firm LD Capital, said Bitcoin is still holding key support levels while altcoins have entered a broader correction phase. He said BTC looked vulnerable to a pullback after rising to $86,000 about a month ago, and that the current decline…

    BitcoinCoinNessAIBullish

  4. Jack Yi says Bitcoin rebound puts focus on $82,600 resistance

    LD Capital founder Jack Yi says Bitcoin rebounded quickly after touching a descending trend line near $75,700 following about 40 days of correction from 22 Sept. He sees the price climbing toward $82,600 and says investors should wait for confirmation before judging direction.

    BitcoinCoinNessAIBullish

  5. JackYi says Bitcoin has cleared its 4-hour 20-day moving average, first target $80,000

    Liquid Capital founder JackYi said Bitcoin has broken above its 4-hour 20-day moving average, which he sees as favourable for bulls, with a first target of $80,000 and strong resistance at $82,600 after that.

    BitcoinPANewsAIBullish

More Bitcoin updates

  1. Block says it bought 120 Bitcoin in the third quarter, holdings reach 9,237

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  2. Darkfost says easing BTC selling pressure may point to a bottom

    BitcoinCoinNessAINeutral

  3. JackYi says Bitcoin has cleared its 4-hour 20-day moving average, first target $80,000

    BitcoinPANewsAIBullish

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.