Killa Sees Bitcoin Reaching $97,000 High This Year, Below It Most Months
The trader identified $80,000–$83,000 as key in the short term and $74,000–$77,000 as a possible capitulation area.
Bitcoin (BTC) trader Killa said the asset could reach a high of $97,000 this year, with prices likely to remain below that level for most of the year, and identified $80,000–$83,000 as key in the short term.
A move below that level could make $74,000–$77,000 the next possible area. Killa described it as likely the last capitulation bottom before Bitcoin advances toward $97,000. If the market stays strong, a pullback could be shallower, reaching only the low end of the $80,000 range before another advance.
Killa is a quantitative trader focused on Bitcoin and has more than 200,000 followers on X.
In mid-April, Killa shorted Bitcoin at $74,688 and turned bullish on June 5 during a market-wide decline.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.