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Trader Killa says Bitcoin may chop for months before next rally

NewsFeeds update

Trader Killa says Bitcoin could stay range-bound for several months, arguing that if a bottom has formed the cycle would advance faster. He says the period before the next rally may suit short-term traders.

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The story so far: Trader Killa bitcoin outlook

Trader Killa remains bullish on bitcoin, holding longs opened at $62,600, $76,000 and a 10x leveraged long at $82,800, and says BTC's roughly 13% pullback may be the cycle's last major low. He now says Bitcoin could stay range-bound for several months before the next rally.

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  1. Trader Killa says Bitcoin may chop for months before next rally

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