Trader Killa says Bitcoin breakout could be followed by a short-term pullback

BlockBeats reported on Aug. 20 that well-known trader Killa compared Bitcoin’s current chart structure with its 2022 bottoming pattern and said traders should watch for the possibility of a short-term pullback after the recent strong breakout. According to Killa, Bitcoin may still hold its prior lows rather than decisively breaking below them, which keeps the comparison with the earlier structure in play for now. He said the only way to validate the setup would be for BTC to retrace back into its previous consolidation range and show clear signs of weakness on the 4-hour or 1-day chart. If that weakness does not appear, and if Bitcoin does not return to that range, then the pattern comparison would be invalidated. The report also noted Killa’s earlier market calls. Described as a quantitative trader focused on BTC, he previously 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 flipped bullish on June 5 during a broad market sell-off.