Killa sees upside to $65,600 if Bitcoin holds the weekly close zone
On July 7, trader Killa (@KillaXBT) said Bitcoin could continue moving higher toward $65,600 as long as it maintains last week’s closing level, which he linked to the area around $59,000. The comment frames that zone as a key near-term support level for the current market structure.
Killa’s view suggests that if Bitcoin keeps that weekly reference level intact, the recent rebound can remain technically valid. In other words, the market would still have room to extend upward rather than breaking into a deeper downside move.
Strategy’s reported 3,588 BTC sale was said to be handled off-market
Responding to discussion around Strategy’s reported “historic sale” of 3,588 BTC, Killa said the disposal was not carried out directly on the public market. Instead, he said it was executed through institutional transactions, effectively an OTC-style process, to avoid causing an outsized impact on Bitcoin’s spot price.
He added that this trading structure may help explain Bitcoin’s overnight move, where price first declined and then rebounded. If selling was handled away from the public order book, the direct pressure on exchange spot liquidity would likely have been more limited than a conventional market dump.
Background on Killa’s market profile
Killa is known as a quantitative trader focused on BTC and has more than 200,000 followers on X. BlockBeats noted that he had previously called the top of the current bull cycle in May 2025.
His recent positioning history was also highlighted: in mid-April, he took a short on Bitcoin around $74,688, then shifted to a long bias during the broad market sell-off on June 5. Those calls have contributed to his visibility among crypto market participants.