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Crypto Macro

BTC holds above 20-day MA, could target $97K and $104K if it clears $86K, says Liquid Capital’s Yi Lihua

BTC broke above $80,300 and held above its 20-day moving average, Liquid Capital founder Yi Lihua said on Nov. 5, adding that a strong break of $82,600 is needed to start a second main upward wave. Yi said clearing the $86,000 resistance would open the way to $97,000 and $104,000, framing the recent pullback as a correction within a bull trend.

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