Killa: Bitcoin is Unlikely to Fall to $50,000 in October, $62,000 is the Bottom
By: x.com|2026/08/29 15:14:13
0
Share
Prefer us on GoogleRenowned trader Killa stated that the depth of the Bitcoin bear market is gradually diminishing, and the bottom of this cycle may have already formed, making it unlikely for Bitcoin to drop to $50,000 in October. Killa pointed out that if Bitcoin falls to $61,000, the expected liquidation value of long positions could reach $20 billion, prompting market makers to liquidate long positions and rebuild their positions. Killa focuses on quantitative trading of BTC and predicted the peak of this bull market in May 2025, boasting over 200,000 followers.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
BlackRock is Buying Ethereum in Bulk. Will ETH Outpace Bitcoin in the New Bull Market?
Ethereum: Gnosis Chain Abandons Its Status as an Independent Blockchain to Become a Rollup
Gnosis Chain becomes the first rollup validated under the EEZ framework, an attempt to enable communication between Ethereum blockchains without relying on bridges.
Cryptocurrency Scammers and Wallet Graphs: How the Central Bank Tracks Shadow Chains
Cryptocurrency scammers stole over 1 billion rubles from Russians in the first half of 2026, and the Bank of Russia is responding with more sophisticated analytics: the regulator is now looking not only at individual cryptocurrency wallets but at entire networks of linked addresses through which sus...
Court Orders Bithumb Client to Return $140,400 for Accidentally Sent Bitcoins
A client of the South Korean cryptocurrency exchange Bithumb is required to return 194 million South Korean won—approximately $140,400—for accidentally sent bitcoins, which he managed to sell after the erroneous credit to his account.
Barcelona Embraces AI: The AI Summit Concludes a Busy September
50% Tariff on Canada: What Changes with the 1930 Law
The SEC is reviewing automatic filing pathways after exotic crypto and event-linked ETF proposals flooded the market
ETFs now offer exposure to crypto, leverage, private assets, and election contracts, pushing the SEC to reconsider rules for novel products.
Digital Trust: A Strategic Asset in the Financial System
Evernorth’s XRP strategy hinges on one number after Nasdaq vote
Evernorth is seeking broad financing flexibility as it aims to turn capital markets and XRP yield into higher holdings per share.
How Can Bitcoin Withstand Quantum Computers? A Comparison of Three Lattice-Based Signature Schemes
Ethena Perpetual Equity Contracts: Ethena Seeks New Yield for USDe in Perpetual Equity Contracts
ethena perpetual equity contracts could become the next major source of income for Ethena: the protocol aims to shift its core strategy from the crypto market to perpetual equity futures, where funding rates this year are significantly higher than those for Bitcoin. In the photo: Ethena CEO Guy Yang...
Cyberattack in Manchester: 8.7 Million Travelers Compromised by Free Airport Wi-Fi
Cyberattack at Manchester Airports Group: 8.7 million customers exposed via free Wi-Fi and parking reservations at three UK airports.
Cryptocurrency Platforms Lost $3.63 Billion Due to Cyberattacks
Cryptocurrency platforms lost $3.63 billion from January 2025 to July 2026 due to 245 confirmed cybersecurity incidents, according to a report by CoinGecko cited by ForkLog.
Google Creates WikiSkill for AI Agents to Remember Their Mistakes and Improve
Researchers from Google Research have introduced WikiSkill, a framework that retains the mistakes and successes of AI agents in a persistent wiki to create better instructions for future executions. Tests show significant advancements in mathematics, spreadsheets, and interactive environments, altho...
UK police seize $1.4M tied to darknet market activity
Lambda Raises $1 Billion in Debt to Purchase Nvidia Chips
Chinese Automakers Bet on Humanoid Robots as a New Source of Profit
A Founder’s Reflection: Why Did Fomo Run Further Than Us from the Same Starting Point?
GOLD token crashes 99% after Trump-linked post, $1M dump
Hyperliquid gets first HIP-4 outcome DEX with OUT
The B Side of bStocks: Competing for Pricing Power with Perp Instead of Being a Better Nasdaq
XRP ETFs gain ground in two US fund filings
RWA: CZ Wants States to Tokenize Everything to Attract Foreign Capital
CZ calls on states to tokenize their national assets to attract foreign capital, a message he has been reiterating since Davos in January.
Dollar, Rates, and Inflation: Why September Could Be a Key Month in This Race
The recent surge in the exchange rate has raised doubts about the direction the currency will take in the coming month, as well as its impact on rates and inflation.
New debit account payment system launches, but banks anticipate limited use
This is a measure from the BCRA issued in March. Banks or wallets will be able to automatically debit from accounts indicated by borrowers.
NFT sales fall 44.7% to $63.3M as Ethereum leads
Polygon Labs issues urgent client upgrade notice following Austin and Kyoto hardforks
The Polygon upgrades closed separate block-stall, peer-crash, and validator-work risks, leaving nodes on older binaries outside canonical consensus.
Automakers Become Indispensable in the Second Half of Embodied Intelligence
Blockchain: Mastercard Reveals What Banks Really Require
Mastercard and Sei publish a study on the criteria banks use to evaluate a blockchain: finality, costs, compliance, scalability.
Follow the Money: $2 Billion for Strategy, YZi Labs Incubator, and DeFi Dominance
BlackRock is Buying Ethereum in Bulk. Will ETH Outpace Bitcoin in the New Bull Market?
Ethereum: Gnosis Chain Abandons Its Status as an Independent Blockchain to Become a Rollup
Gnosis Chain becomes the first rollup validated under the EEZ framework, an attempt to enable communication between Ethereum blockchains without relying on bridges.
Cryptocurrency Scammers and Wallet Graphs: How the Central Bank Tracks Shadow Chains
Cryptocurrency scammers stole over 1 billion rubles from Russians in the first half of 2026, and the Bank of Russia is responding with more sophisticated analytics: the regulator is now looking not only at individual cryptocurrency wallets but at entire networks of linked addresses through which sus...
Court Orders Bithumb Client to Return $140,400 for Accidentally Sent Bitcoins
A client of the South Korean cryptocurrency exchange Bithumb is required to return 194 million South Korean won—approximately $140,400—for accidentally sent bitcoins, which he managed to sell after the erroneous credit to his account.
Barcelona Embraces AI: The AI Summit Concludes a Busy September
50% Tariff on Canada: What Changes with the 1930 Law
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
