Trader Killa said he is still holding a Bitcoin long opened at $76,400, even after an earlier unrealized gain of 15% was largely erased. He said his original target remains unchanged at 75% to 100%, so his trading plan has not shifted. In his 10x leveraged long setup, an aggressive re-entry at $82,800 carries a stop-loss at $74,000. If BTC falls to $74,000, he said he will reassess market conditions and consider opening another 10x leveraged long position. Killa added that Bitcoin is currently down about 13% from its all-time high and may be nearing the last major low of this cycle, with the pullback unlikely to reach 20%. He also pointed to Binance-related FUD coinciding with the U.S. midterm elections, arguing that the current wave of market fear could be the final dip before Bitcoin starts another notable move higher. He said investors should stay calm and avoid emotional decisions driven by headlines or short-term price swings, and that he plans to keep holding the long unless his target is reached or the stop-loss is triggered.
Trader Killa said he is still holding a BTC long opened at $76,400.
He said the position had once shown a 15% unrealized gain, but that profit has now been mostly given back. Even so, his original target remains a 75% to 100% return, and he said his trading plan has not changed.
Killa said that within his 10x leveraged long strategy, an aggressive re-entry position at $82,800 has a stop-loss set at $74,000. If BTC drops to $74,000, he said he will reassess the market and consider opening another 10x leveraged long.
He added that BTC is currently about 13% below its all-time high and may already be close to the last major low of the current cycle. He also said he does not expect the drawdown to reach 20%.
Killa specifically mentioned that Binance FUD happened to coincide with the timing of the U.S. midterm elections. In his view, the current market fear may be the final dip before BTC begins another significant upward move.
With the market under pressure and FUD headlines continuing, he said investors should stay calm and avoid making emotional decisions based on news flow or short-term price action. Killa said he will continue to hold the long until either his target is hit or the stop-loss is triggered.
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