LD Capital Founder JackYi Says Bitcoin Faces Resistance Near 86,000

LD Capital founder JackYi said he had judged 20 days ago that Bitcoin would face strong resistance near 86,000 and that closing long positions around that level would be a better choice. According to Odaily, he said he still expects a bull market and does not plan to short Bitcoin.JackYi said a bull market does not rise in a straight line and that each pullback may offer a new entry opportunity. He also said traders should cut losses in time and manage risk.