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⚡️Well-known trader: Bitcoin has 80000 USD a relatively strong buy wall at, and if the current price can stabilize, it is worth taking a bullish view
BlockBeats reports that October 10, well-known trader Killa stated that buyers are absorbing selling pressure during the recent pullback, resembling the pattern seen in a previous consolidation range, while there is very little support below the current price. The market's order-book walls show 80000 USD strong buying concentration at levels just above, and buyers have strong conviction; this level is also an important psychological threshold for Bitcoin.
Killa said that if Bitcoin's weekly candlestick closes above the previous 1 weekly low (at 82600 USD), it would be a bullish signal and could represent a typical return to the range after a stop hunt.
Killa, a quantitative trader focused on BTC, previously predicted the top of this bull market in 2025 May and has more than 200000 followers on X. In April mid-month, he shorted Bitcoin at 74,688 USD and switched to a long position during the June 5 market-wide decline.
Original link https://m.theblockbeats.info/flash/371147