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Trader Killa Keeps Bitcoin Long Opened at $76,400 With Stop Unchanged

He plans to hold until Bitcoin reaches his target or the stop is triggered.

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A brass token rests above a fixed red stop pin / TokenPost.ai
A brass token rests above a fixed red stop pin / TokenPost.ai

Trader Killa says he is keeping a Bitcoin (BTC) long position opened at $76,400 and will not move the stop to the entry price. He plans to exit if Bitcoin reaches his target or the stop is triggered.

Killa said his view of market structure and his trading plan remain unchanged, so he will not panic or change course. The position remains open as he waits for one of those exit conditions.

He argued that frequent changes in trading positions can lead to losses. Traders pursuing a larger market move need patience through long stretches of sideways trading and muted price action, he said.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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