📊Quantitative trader Killa updates BTC cycle model: bottom range may be around 40,000

Renowned trader KillaXBT recently released his latest cycle judgment for Bitcoin:

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

The current model suggests the potential bottom range as:
👉 Benchmark level: about $38,800
👉 Range considering a 5% deviation: about $40,740 – $42,680

Killa also emphasized:
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 180,000 followers on X platform, and in mid-April, he established a short position near $74,688, currently at a floating 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 certain. What truly matters is not guessing correctly every time, but always having a method that allows you to survive long-term.