According to KillaXBT on X, the analyst who accurately predicted Bitcoin's 2025 peak says he is accumulating BTC today despite expecting near-term weakness. Bitcoin is trading at $66,945, down 5.8% on the day.
KillaXBT states that while BTC may revisit lower prices or even drop another 31% from current levels, a potential move to $160,000 represents a 121% gain and warrants a favorable risk-to-reward ratio. He plans to build long-term spot positions over the next three to four months and warns that a failure to hold $70,800 could see an extension lower toward $65,200.