Analyst Killa: Bitcoin holding the key $80,000 zone could extend the uptrend, would only consider shorting near $90,000
Odaily reports that Killa posted on X platform stating that they believe Bitcoin's bottom has already formed, and from current levels up to $126,000, the maximum pullback in this bull cycle is expected to be around 10% to 15%. If Bitcoin forms a local high near $87,000 before further declining to the low $70,000s, that zone could become Bitcoin's bottom; if the relevant price level is touched, they will significantly increase long positions betting on the continuation of the uptrend. Killa stated that Bitcoin is currently testing the key zone near $80,000, and if it can hold the previous breakout range high, the uptrend may still continue; they would only consider shorting near $90,000.
