HuoXing Finance reports that on October 14, renowned trader Killa posted that clear buying pressure emerged around the $81,000 level for Bitcoin, triggering two instances of downward momentum stabilization. Therefore, after sufficient consolidation, Bitcoin may still retest $87,000 this month. Killa, a quantitative trader focused on BTC, correctly predicted the peak of this bull market in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and switched to a long position during the broad market decline on June 5.
Prominent Trader: Bitcoin Shows Strong Buy Pressure at $81,000, Could Re-test $87,000 This Month
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Summary
Prominent BTC-focused quant trader Killa noted that Bitcoin exhibits strong buying pressure at $81,000, having stabilized twice after declines. He sees a potential path to re-test $87,000 this month following a consolidation phase. With over 200,000 followers on X, Killa shifted from shorting at $74,688 in mid-April to going long in early June. His strategy aligns with value investing in crypto, emphasizing key support levels and long-term positioning.
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