1 min read
Add as a preferred source on Google

Killa Says Bitcoin May See Several Months of Uneven Trading

He tied a faster cycle to whether Bitcoin has already formed a bottom. BTC was down 0.96% over 24 hours at 9:12 a.m. ET.

Mentioned assets
A copper disk rests on an uneven concrete track. / TokenPost.ai
A copper disk rests on an uneven concrete track. / TokenPost.ai

Trader Killa outlined a potentially extended pause for Bitcoin (BTC), writing that uneven conditions may persist for months before another advance and leave room for short-term traders.

As of 9:12 a.m. ET (14:12 UTC) Tuesday, Bitcoin traded at $77,104, down 0.96% over 24 hours.

Killa’s faster-cycle scenario depends on Bitcoin already having reached a bottom. He also described the near term as a period of market fluctuation.

Enna Lee

Reporter

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

Loading…