Trader Killa: If Bitcoin pulls back to $80,000–$82,000, will consider rebuilding a 10x long position

Tapbit news, October 7 — Crypto trader Killa posted on X that Bitcoin once again failed to break above $87,000, and a 10x long position previously opened on the expectation that a second test of the high would break through has been stopped out at breakeven. Since the breakout failed and the price returned to the entry level, he will now watch the $80,000–$82,000 range and consider re-establishing a 10x long position.

Killa said he still holds BTC long positions at $62,600 and $76,400, and there is no reason to rush into a new long for now, but he remains bullish and expects prices to move higher. The current market is low-timeframe ranging, while he mainly trades on higher timeframes, and he emphasized the importance of risk management.