Famous trader Killa: still bullish on Bitcoin, will look for opportunities to re-establish long positions in the range of $80,000 to $82,000

Renowned trader Killa stated that Bitcoin has once again failed to break through $87,000, and the 10x leveraged long position he previously established has been stopped out at breakeven. This position was part of an aggressive trend continuation trade, originally expecting BTC to break through during the second test of the high, but after the failure to break, the price returned to the entry point.

Killa mentioned that he will focus on the $80,000 to $82,000 range next, looking for opportunities to re-establish the 10x leveraged long position. Currently, he still holds long positions established at $62,600 and $76,400, and there is no reason to rush into adding new long positions. He emphasized that risk management is crucial, and his existing BTC holdings are sufficient. Regarding future trends, Killa maintains a bullish outlook, expecting prices to continue rising. He believes that the current market is in a short-term oscillation, while he primarily trades based on longer cycles.