PlanB: Bitcoin Could Rebound to $85,000, Final Dip Will Be Ultimate Buying Opportunity

BlockBeats News, April 21st, Liquid Capital (formerly LD Capital) founder Richard Li said that he has been observing a rebound rather than a reversal recently. The key question is where the rebound will occur. Initially, it was expected to be at 85 (equivalent to $850,000 for Bitcoin), but no one can accurately catch the bottom. The key is to set your own expectations and implement risk control and profit-taking strategies.

From a trading and cyclical perspective, there may be another major pullback, which would also be an excellent final opportunity to buy the dip. Currently, the triggering factors could be the U.S. stock market pulling back from its all-time high, a collective drop in risk assets, the uncontrolled rise in oil prices, terrifying inflation data leading the Federal Reserve to abandon rate cuts, and even consider raising rates. Stay optimistic for the medium to long term and manage risks in the short term.