Bitcoin Bear Market Bottom Predicted at $38,800 by Trader Killa

Quantitative trader Killa shared insights on the potential bottom of the Bitcoin bear market on the X platform. According to ChainCatcher, Killa estimates the bottom to be around $38,800, with a possible deviation of approximately 5%, suggesting the bottom could be $40,740 or $42,680. Previously, Killa used models such as cycle decrement analysis, pattern analysis, and a combination of mathematics and numerology to predict the bull market peak at $121,362, while the actual peak reached $126,100. He emphasized that even the highest predicted bottom of $42,680 is significantly lower than $60,000, making the latter a very optimistic bottom estimate. Killa plans to purchase as much spot Bitcoin as possible during July and August.