Trader sees BTC correction bottoming around $69K in worst-case scenario

Popular crypto trader Killa said Bitcoin would likely fall only temporarily below $70,000 even if it undergoes a correction, according to BlockBeats. In an X post, Killa said BTC rose 27% after moving sideways near its lows for about two months, while the market still has not fully gained confidence that a bull market has begun. Killa added there is no need for the gap formed around $70,000 to be fully filled, though buying quickly returned after that gap was filled during a late-2022 rally. If a similar pattern emerges this time, BTC could test the $70,000 area, Killa said, though a pullback to that level is not necessary.