According to Liquid Capital founder Li Lihua, on October 13, Bitcoin encounters strong support at $81,000 from its 400-day moving average, with each pullback to this level triggering sharp rebounds. The cryptocurrency also faces resistance at $84,000 from its 20-day moving average. A break above $84,000 could lead to a retest of the $86,500 resistance level. Li Lihua characterized the current price action as a phase correction within an uptrend.

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