Killa: Do not go short after Bitcoin breaks through its long-term downtrend line
2026-08-07 19:46:47
According to CoinMeta, trader Killa suggests that one should not go short after Bitcoin breaks through its long-term downward trend line, with the weekly chart providing the best confirmation signal. He displayed the weekly charts of Bitcoin from 2026, 2022, and 2018 to draw parallels with the current market structure. Killa predicted the peak of the bull market in May 2025, went short on Bitcoin at $74,688 in mid-April, and then switched to a long position on June 5th.
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Source：Internet
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