Renowned Trader: Bitcoin Has a Strong Buy Wall at $80,000; If the Current Price Can Stabilize, It Is Worth Being Bullish

BlockBeats news, October 10: Renowned trader Killa posted that buyers are absorbing selling pressure during the recent pullback, similar to the pattern seen in the previous consolidation range, while support below the current price level is minimal. Market order book walls show a strong concentration of buy orders just above the $80,000 level, with firm conviction from the absorbing side, and this price level itself is also a key psychological threshold for Bitcoin.

Killa stated that if Bitcoin's weekly K-line closes above the previous week's low ($82,600), it would be a bullish signal, potentially representing a typical return to the range after a stop-loss hunt.

As a quantitative trader focused on BTC, Killa predicted the peak of this bull market in May 2025 and has over 200,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688 and shifted to long during the market-wide decline on June 5.