Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
Flash
02:03
Yi Li Hua: It is expected that Bitcoin will rebound to $85,000, and another significant pullback will present the final buying opportunity
BlockBeats News, April 21st, Liquid Capital (formerly LD Capital) founder Daniel Yee shared that he has been observing a rebound rather than a reversal recently. The key question is where this rebound will reach. Initially, he expected 85 (equivalent to $850,000 for Bitcoin), but no one can precisely catch the bottom. The crucial point is to set your target based on your own expectations and risk management for profit-taking. From a trading and cyclical perspective, there may be another significant retracement, which could be an excellent final opportunity to buy the dip. Currently, the triggering factors could be a pullback in the U.S. stock market from its historical highs, a general decline in risk assets, runaway oil prices, terrifying inflation data leading the Fed to consider abandoning rate cuts and even contemplating rate hikes. Stay optimistic for the medium to long term in investments but manage risks in the short term.
02:03
Alaska Airlines posts a Q1 loss of $1.68 per share, missing expectations, and withdraws full-year profit guidance
Glonghui, April 21 – Alaska Airlines announced that its first-quarter revenue was $3.3 billion, up 5.2% year-on-year, roughly in line with analyst expectations; the loss per share was $1.68, worse than the analyst estimate of a $1.34 loss per share. In addition, Alaska Airlines withdrew its full-year profit guidance due to sharply rising jet fuel costs related to the Iran war, which put pressure on profit margins and dimmed the outlook for the second half of this year.
02:03
Yilihua: There may be one more major correction, which would also be an excellent final buying opportunity.
According to Odaily, Liquid Capital founder Yi Lihua posted on X: “Recently, I've been seeing this as a rebound rather than a reversal, and the key question is where the rebound will reach. We initially expected 85, but no one can pinpoint it exactly. The critical thing is to take profits according to your own expectations and risk management. From a trading and cycle perspective, there might still be another major pullback, which would be an excellent final buying opportunity. As of now, potential triggers could be a pullback in US stocks from all-time highs, a broad decline in risk assets, oil prices getting out of control, frightening inflation data causing the Federal Reserve to abandon rate cuts or even consider rate hikes. Stay optimistic for investment in the mid- to long-term, but manage risks in the short term.”
Markets