Trader Killa Predicts Bitcoin May Form Macro Bottom Near $50,000-$60,000 in Q3

BTC-0.80%

According to trader Killa on June 19, Bitcoin could form a new macro bottom in the third quarter at price levels between $50,000 and $60,000. Killa suggested BTC may pre-digest major liquidity on the downside, similar to how markets previously anticipated the $140,000 level upside, potentially catching many traders off guard.

Analyst Daan Crypto Trades stated that bulls need to defend the $61,000-$62,000 region; failure to hold this level could lead to rapid market deterioration. Commentator Exitpump noted aggressive short positions among Binance traders, suggesting near-term bearish bias.

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