Trader Killa sees Bitcoin range forming around $80,000

Trader Killa said on 2026-10-23 that Bitcoin’s trading range and bottom structure had formed, with a key area around $80,000. The assessment represents his market view.

Killa allowed for another move lower to sweep liquidity, but said Bitcoin could also stop falling and move directly higher. He argued that repeated false breakouts during a bear market can leave traders too focused on further declines and inclined to view every rebound as a bull trap.