Trader Killa says BTC has started rebounding, keeps $150K long-term target

Well-known crypto trader Killa said Bitcoin has started rebounding from its low and argued that waiting for a perfect bottom could mean missing the subsequent uptrend entirely. Killa said it is better to build positions actively and accept potential pullbacks during that process than to keep holding cash while waiting for an entry point that may never come. Killa added that the Bitcoin cycle is changing and the traditional four-year cycle could shift, making staggered buying across multiple price levels such as $70,000, $65,000, $60,000 and $55,000 preferable to focusing on a single bottom while trying to catch a falling knife. On a broader view, Killa said Bitcoin’s long-term price target remains above $150,000.