BlockBeats reported on Aug. 24 that trader Killa said Bitcoin’s current pullback after pushing higher is likely to remain limited when compared with the bottoming structure seen in 2022. In his view, the $70,000 to $73,000 range could serve as a floor and support a later move above $80,000. Killa added that the market may first sweep liquidity above $79,500 before eventually moving toward the $70,000 area and expanding from there. The post also noted Killa’s profile as a BTC-focused quantitative trader with more than 200,000 followers on X. According to the same report, he had called the top of the current bull market in May 2025, opened a short on Bitcoin at $74,688 in mid-April, and flipped bullish during the broad market decline on June 5.
According to BlockBeats, trader Killa said on Aug. 24 that Bitcoin’s current retracement after its recent push higher is likely to be relatively shallow when compared with the bottoming structure seen in 2022. He said the $70,000 to $73,000 range could act as a floor and support a later break above $80,000.
Killa wrote: 「I expect some kind of range to form, building up late long positions and liquidity. The market may even see another sweep above 79.5K before it finally runs into the 70K lows, then expands.」
The report described Killa as a quantitative trader focused on BTC. It said he had 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 bullish on June 5 during a broad market sell-off.
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