ChainCatcher reported that trader Killa said Bitcoin’s trend has already shifted in a clear way, even as the market remains deep in what he described as the peak of “bull market disbelief.” Drawing a comparison with the 2023 bull market, Killa said buying each sweep below an established low would have faced only limited downside, with the deepest break reaching 8%. In some cases, price moved just 4% to 5% below that level before rebounding quickly. He said the current established low sits at 82.5K and, based on historical behavior, any downside deviation from that level is likely to stay relatively small. Killa, a quantitative trader focused on BTC, previously called the top of the current bull cycle in May 2025. He has more than 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and switched to a long position during the broad market sell-off on June 5.
According to ChainCatcher, well-known trader Killa said Bitcoin’s trend has already changed in a noticeable way, while the market is still at what he called the peak stage of “bull market disbelief.”
Looking back at the 2023 bull market, Killa said that buying each sweep below an established low would have seen only limited downside. The deepest move below that low was 8%, and in some cases Bitcoin fell just 4% to 5% below it before rallying again almost immediately.
$82.5K identified as the current established low
Killa said the market’s current established low is 82.5K. Based on historical performance, he expects any downside deviation from that level to be small.
He described an established low as a low that has already been confirmed by the market and has shown support.
Killa’s earlier market calls
Killa is a quantitative trader focused on BTC. The report said he called the top of the current bull market in May 2025 and has more than 200,000 followers on X. In mid-April, he opened a short position on Bitcoin at $74,688, then turned long during the broad market decline on June 5.
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