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Trader Killa Resets Bitcoin Short Stop Loss to $84,000 on May 7, Maintains Bearish Stance

2026-05-07 08:05:31

BTC-0.51%

According to BlockBeats, on May 7, trader Killa acknowledged his short position was entered too early and adjusted his stop loss to $84,000. Although he recognizes the position may be liquidated at the new level, Killa maintains his bearish outlook, citing that bear markets typically last 300-400 days and only 212 days have elapsed in the current cycle, suggesting an accumulation window remains.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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