Trader Killa Says Bitcoin’s Resilience May Reflect Bull-Market Traits
Photo: TokenPost
Trader Killa said Thursday that Bitcoin (BTC) held within a trading range amid macroeconomic and crypto-related pressures, which he viewed as a possible sign of a market bottom forming. Killa cited a hawkish Federal Reserve decision, rising oil prices, hot Consumer Price Index (CPI) data, higher global bond yields and a stronger dollar. He also pointed to concerns about a Ledger wallet hack, a possible delisting risk for Strategy and the company’s shift toward artificial intelligence. Killa argued that Bitcoin might otherwise have fallen below $70,000 under those conditions.
Source: TokenPost
