Trader Killa: $BITCOIN Will NOT Make New Lows — Remaining Long Quant trader Killa is maintaining a bullish stance. His prediction is that Bitcoin ($BTC ) will not reach new lows, and he is keeping his long position. He suggests that the market is currently targeting long positions to undermine confidence, which he views as a typical shakeout before a continuation. Key Levels according to Killa: - Established Low: $82.5K — during the 2023 bull market, every dip below this established low resulted in a maximum decline of 4% to 8% before rebounding. He anticipates a similar scenario now, resulting in a shallow dip. - Must Hold: $80K - $83K zone — if this support breaks, there could be panic leading to a drop to $74K-$77K, but he considers that level to be the final bottom. - Top Target for 2026: $97K — he still sees a range around $90K ahead. - Worst Case Scenario: A test of $69K-$70K is possible, but he believes that $73K-$75K is likely to hold well. - Current Position: Long from $83.5K with 10x leverage — he indicates that this is not the time to hedge with shorts. Strategy: Hold long and await potential de-risking during the US midterms. Historically, Bitcoin tends to weaken after midterms, but he advises against shorting in advance, preferring to react when the situation arises. The market structure shows a higher weekly high and a reset in open interest, indicating a healthy bull market. Those expecting a deep pullback similar to 2023 may be mistaken, according to Killa. Are you maintaining a long position alongside Killa?

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