BlockBeats news, on June 5, renowned trader Killa (@KillaXBT) posted that he has officially opened a long position on Bitcoin, with a stop-loss at $31,950 and a target price of $160,000.
Killa believes that the percentage of profitable addresses at each Bitcoin bear market bottom has shown a gradual upward trend: 35.82% in 2015, 40.47% in 2019, 45.11% in 2022, and currently 51.12% in 2026, with each increase averaging around 5%. The current position aligns with this trend and may signal a price bottom. Killa also emphasizes that current positions are primarily held in spot and low-leverage trades, and caution remains necessary regarding potential pullbacks.
On the other hand, changes in the holder structure have also accelerated Bitcoin’s bull and bear cycles. During the previous cycle, the price hit a new high before the halving; this cycle, it may reach another all-time high before the next halving in April 2028, with a final target price of $160,000.
Killa, a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 180,000 followers on X. In mid-April, he shorted Bitcoin at $74,688.