📊Quantitative trader Killa updates BTC cycle model: bottom range may be around 40k

Renowned trader KillaXBT recently released the latest cycle assessment for Bitcoin:

He stated that he previously predicted the previous top quite accurately (forecasted $121,362, actual about $126,100), so this time he continues to use a decreasing cycle + pattern recognition model for projection.

The current model indicates a potential bottom range of:
👉 Reference level: approximately $38,800
👉 Range considering a 5% deviation: approximately $40,740 – $42,680

Killa also emphasizes:
The current price is most likely still not the bottom of this cycle, and he plans to gradually increase spot holdings in July/August.

As a quant trader focused on BTC, he has over 180k followers on the X platform, and in mid-April, he established a short position near $74,688, which is currently at an unrealized loss.

This type of analysis essentially represents a way of thinking:
Using historical cycles and statistical models to project price ranges, rather than relying solely on sentiment judgment.

💡Motivational quote:
The market can be predicted, but not guaranteed. What truly matters is not getting every prediction right, but always having a method that allows you to survive long-term.