# Trader Killa Says Bitcoin’s Resilience May Reflect Bull-Market Traits By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/43728 Published: 2026-10-29T17:35:28.000Z Updated: 2026-10-29T17:35:28.000Z Section: Investing > Killa cited hot CPI data, a hawkish Fed decision and crypto-related concerns as pressures Bitcoin had absorbed. Trader Killa said Thursday that Bitcoin (BTC) held within a trading range amid macroeconomic and crypto-related pressures, which he viewed as a possible sign of a market bottom forming. Killa cited a hawkish Federal Reserve decision, rising oil prices, hot Consumer Price Index (CPI) data, higher global bond yields and a stronger dollar. He also pointed to concerns about a Ledger wallet hack, a possible delisting risk for Strategy and the company’s shift toward artificial intelligence. Killa argued that Bitcoin might otherwise have fallen below $70,000 under those conditions. He said the market’s ability to hold its range may show that it is absorbing negative news, a behavior he described as a bull-market trait. He also said an important intermediate bottom may be taking shape. The view echoes Killa’s [earlier bottom-related argument]() that an overheated short-term holder supply level may signal a market bottom. ## Links in this article - [earlier bottom-related argument](https://www.tokenpost.com/news/investing/30329)