Prominent Trader Killa: Expects Bitcoin Pullback to be Limited, $70K-$73K Range Could be the Bottom

BlockBeats News, August 24th. Renowned trader Killa stated yesterday that, compared to the 2022 Bitcoin bottoming pattern, he expects the current Bitcoin pullback after reaching a high to be relatively shallow. The range of $70,000 to $73,000 may serve as the bottom, supporting a subsequent breakthrough of the $80,000 key level. "I expect a range to form, accumulating long positions on dips and providing liquidity. The market may even see another round of liquidation above $79,500 before finally surging to the $70,000 low and then expanding."

Killa, known as a BTC-focused quantitative trader, accurately predicted the peak of this bull market in May 2025 and has over 200,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to a long position on June 5th during a comprehensive market downturn.