Trader Killa: Will Consider Rebuilding 10x Long Position if Bitcoin Drops to $80K-$82K
Odaily reports that crypto trader Killa posted on X platform that Bitcoin once again failed to break through $87,000, and the 10x long position previously established based on the expectation of a breakout after a second test of the highs has been stopped out at breakeven. Due to the failed breakout and the price returning to the entry level, he is now focusing on the $80,000 to $82,000 range and considering rebuilding a 10x long position.
Killa stated that he still holds BTC long positions at $62,600 and $76,400, and there is no reason to rush into establishing new long positions for now. However, he remains bullish and expects prices to move higher. The current market conditions represent low-timeframe consolidation, while he primarily trades on higher timeframes, and he emphasized the importance of risk management.
