Yi Lihua said BTC 79000 USD support level was breached, and the original observation points need adjustment
BIBIBI
AT A GLANCE
Yi Lihua said 79000 USD the support level was breached by a “black swan,” and the originally designated observation price levels need adjustment.
Article
Yi Lihua: 79000 USD A strong support level being breached by a black swan event was not part of the plan; the best opportunity to buy the dip is approaching
BlockBeats reported,October 30，Liquid Capital founder Yi Lihua posted that, “We repeatedly called for a pullback every day, but did not expect the strong support level of 79000 USD to be breached by a black swan event. This was not part of the plan. The originally planned 7.5 and 71000 USD levels need to be re-observed and adjusted due to changing circumstances. However, once the impact of the black swan event subsides and the midterm elections conclude, the best opportunity to buy the dip will arrive.”
Original link https://m.theblockbeats.info/flash/374527
Key points
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October 30，Liquid Capital Founder Yi Lihua posted that 79000 USD strong support level was breached by a “black swan.”
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Yi Lihua said that the originally planned 75000 USD and 71000 USD levels need to be re-observed and adjusted.
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Yi Lihua said that after the impact of the black swan event subsides and the midterm elections conclude, it may be an opportunity to buy the dip.
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The above content was relayed by BlockBeats.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This statement expresses Yi Lihua’s personal assessment of relevant market price levels and subsequent timing; it does not represent a confirmed market outcome.
Why it matters to readers
79000 USD、75000 USD and 71000 USD are the observation price levels mentioned in the text, but it does not specify what the “black swan” refers to or provide independent verification.
Beginners should distinguish between “personal views” and market facts that have occurred and been verified, and should not make decisions based solely on statements about an “opportunity to buy the dip.”
Risks and unknowns
The text does not specify what event the “black swan” refers to.
79000 USD The text provides no independent verification of the reason the support level was breached.
“The best opportunity to buy the dip is approaching” is Yi Lihua’s assessment and has not yet been validated by outcomes.
The text does not provide subsequent price movements for the relevant assets.
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Related concepts
Support level
An area where a price decline may stop or trigger a reaction.
