Analyst: Bitcoin May Form Macro Bottom Around $50,000 to $60,000 in the Third Quarter

June 19: Trader Killa’s latest analysis suggests Bitcoin (BTC) could carve out a new macro bottom in the third quarter, with the price expected to land between $50,000 and $60,000. Killa notes BTC may absorb major high-timeframe liquidity well in advance—mirroring how the crypto previously soaked up liquidity around the $140,000 mark—with a potential downside move that could catch many traders off guard. Killa adds that the market doesn’t necessarily need to dip below $60,000 to “sweep” key liquidity levels, though markets often front-run widely watched price zones. If the liquidity sitting below $60,000 gets pulled, the next major liquidity pool set to form between July and September is unlikely to be touched, signaling a macro bottom could be in the works. Analyst Daan Crypto Trades, meanwhile, warns bulls must defend the $61,000 to $62,000 range, or the market could unravel rapidly. Commentator Exitpump also flags that traders on Binance are piling into aggressive short positions, putting short-term price action firmly in bearish territory.