A trader known as Killa said Bitcoin bulls need to defend the $64,000 level, arguing that holding it could open a move to test $67,000 and squeeze additional short positions. According to ChainCatcher, he said failure to hold $64,000 could send the market back below $60,000, and described the recent rally as a false breakout intended to lure buyers.
The report described Killa as a BTC-focused quantitative trader with more than 200,000 followers on X. It also said he previously predicted the peak of the current bull market in May 2025.
ChainCatcher added that Killa shorted Bitcoin at $74,688 in mid-April and fully shifted to a long stance during a broad market decline on June 5.