📉 Could BTC collapse to $50,000 this October?
According to the latest analysis by Killa—a reputable quantitative trader—the likelihood of Bitcoin falling sharply to the $50,000 level is very low. Based on historical data, he believes the depth of corrections during bear markets has been gradually narrowing, and the bottom of the current cycle could be around $62,000.
📌 Key numbers:
🔹 Expected support zone: $62,000
🔹 Risk threshold: $61,000 (A sensitive level that could trigger the liquidation of $20 billion in Long orders)
🔹 Scenario of $50,000: Unlikely
Detailed analysis:
Killa warns that although the bottom is very close, Market Makers (MMs) may still push the price down to $61,000 to "sweep" and clear out Long orders before a confirmed upward reversal. This is a common capital-coordination strategy used to clean up the market. Therefore, those who are patiently waiting for the price to hit $50,000 to accumulate may miss the opportunity.
👉 Hot daily updates — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#BTC #CryptoMarket #Trading #Crypto #Bitcoin $BTC
According to the latest analysis by Killa—a reputable quantitative trader—the likelihood of Bitcoin falling sharply to the $50,000 level is very low. Based on historical data, he believes the depth of corrections during bear markets has been gradually narrowing, and the bottom of the current cycle could be around $62,000.
📌 Key numbers:
🔹 Expected support zone: $62,000
🔹 Risk threshold: $61,000 (A sensitive level that could trigger the liquidation of $20 billion in Long orders)
🔹 Scenario of $50,000: Unlikely
Detailed analysis:
Killa warns that although the bottom is very close, Market Makers (MMs) may still push the price down to $61,000 to "sweep" and clear out Long orders before a confirmed upward reversal. This is a common capital-coordination strategy used to clean up the market. Therefore, those who are patiently waiting for the price to hit $50,000 to accumulate may miss the opportunity.
👉 Hot daily updates — Follow the Channel https://app.binance.com/uni-qr/cpro/Square-Creator-4a0f2008149d?l=en&r=BOZMO8A1
#BTC #CryptoMarket #Trading #Crypto #Bitcoin $BTC