Article

Trader Killa: If Bitcoin retraces to 80000 to 82000 USD, will consider rebuilding a 10 x long position

PANews October 7 reported that crypto trader Killa posted on X that Bitcoin once again failed to break through 87000 USD, and the previously established 10 x long position based on the expectation that the high would be broken on a second test was stopped out at breakeven. As the breakout failed and the price returned to the entry level, Killa will currently focus on the 80000 to 82000 USD range and consider rebuilding a 10 x long position. Killa said that he still holds 62600 USD and 76400 USD long positions, and there is currently no reason to rush into establishing a new long position. However, he remains bullish and expects the price to rise further. The current market is ranging on lower time frames, while he mainly trades on higher time frames, and he emphasized the importance of risk management.

🔗BTC https://www.panewslab.com/zh/articles/01a116cb-dbb1-7306-a984-4bdc4b42468a