Killa Watches $80,000-$82,000 to Reopen 10x Bitcoin Long

Bitcoin (BTC) trader Killa is watching the $80,000-$82,000 range for a possible 10x leveraged long after his previous position was stopped out at breakeven when BTC failed to break $87,000.

Killa had expected Bitcoin to move higher on a second test of the high, but the failed breakout sent the price back to his entry level. He described the trade as an aggressive attempt to capture a continuation of the broader trend.

He continues to hold long positions opened at $62,600 and $76,400. Killa said he has no immediate reason to add another 10x leveraged long and that his current Bitcoin exposure is sufficient from a risk-management standpoint.

Killa remains bullish on Bitcoin and expects the broader move to continue higher, while describing current price action as short-term consolidation. He said his trading decisions are based mainly on longer-term trends.