Famous trader: There is a strong buy wall for Bitcoin at $80,000; if the current price can stabilize, it is worth being bullish

Renowned trader Killa stated that buyers are absorbing selling pressure during the recent pullback, which resembles the pattern seen in a previous consolidation range, and there is very little support below the current price level. The market order wall shows a strong accumulation of buy orders just above the $80,000 level, and the buyers' conviction is strong; this price level is also an important psychological barrier for Bitcoin.

Killa mentioned that if Bitcoin's weekly K-line closes above the previous week's low (around $82,600) this week, it would be a bullish signal, potentially indicating a typical return to the range after a stop-loss hunt. Killa, a quantitative trader focused on BTC, 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 long during the market-wide decline on June 5.