Prominent Trader: Watch for Short-Term Pullback After Bitcoin’s Strong Breakout

Prominent trader Killa compared Bitcoin’s 2022 bottom pattern to its current formation, advising investors to watch for potential short-term pullbacks from highs. “Bitcoin will still hold its previous lows and won’t actually break below them,” he noted. He added that the only way to validate this pattern is for BTC to pull back to its prior consolidation range and show clear signs of weakness on 4-hour (4H) or daily (1D) charts. If no weakness emerges and BTC fails to return to that range, the pattern will be invalidated. Killa, a BTC-focused quantitative trader, correctly predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 before switching to a long position during the broad market sell-off on June 5.