Bitcoin2026-08-16 06:48:14Trader Killa says BTC reclaim above $69,500 could confirm a bull market turnCrypto trader Killa said Bitcoin has moved back above the 0.8 level on the Mayer Multiple after briefly falling below it, according to a BlockBeats report published on Aug. 16. He compared the move with 2022, when BTC also dipped under that threshold for a short period before recovering it. In Killa’s view, though, the more meaningful confirmation in 2022 came when Bitcoin reclaimed its 200-day moving average, after which the bull market began. He said Bitcoin’s 200-day moving average is currently around $69,500. Based on that framework, Killa argued that the next step is to wait for BTC to break back above and hold that level. If that happens, he said, the market could be regarded as having formally turned bullish.1040
Bitcoin2026-08-16 06:48:59Trader Killa says Bitcoin has reclaimed Mayer Multiple 0.8, with focus shifting to the 200-day averageCrypto trader Killa said Bitcoin has moved back above the 0.8 level on the Mayer Multiple after briefly falling below it. He pointed to a similar setup in 2022, when BTC also dipped under that threshold for a short period before recovering it. According to Killa, the more meaningful confirmation in 2022 came when Bitcoin climbed back above its 200-day moving average, a move he said was followed by the start of a bull market. He added that Bitcoin’s 200-day moving average is now sitting at about $69,500. In his view, the next step is for BTC to break back above that line and hold it, which he said would allow the market to treat the move as a formal turn into a bull market.980
Bitcoin2026-07-23 01:45:14Bitcoin Falls Into a Deep Bear Market Zone Even as Google Search Interest Hits a Yearly HighBitcoin search interest on Google Trends hit 100 during a drop from about $81.5K to near $60K, but market signals still point to a deep bear market zone and a slow stabilization phase rather than a quick rebound.340
