One of the few analysts who accurately described Bitcoin’s 2025 top says he’s still buying Bitcoin Although the bottom may not be in.
The analyst goes by the alias KillaXBT He tells His 201,800 followers on
“I think we’re going to go down. I’m going to buy anyway. I have to ask myself if I’m ready to rally while waiting for the perfect bottom. The answer is no. I’m not going to be the fool who thinks he can have it all.”
Could BTC fall another 31% from here? definitely. But moving to $160,000 from current prices represents a 121% gain. It would be crazy to look at the RR (risk to reward ratio) on the HTF (high time frame) and say this is not a good place to buy.”
The analyst also says that Bitcoin may remain in a bearish phase for several months.
“Everyone is obsessed with identifying the exact bottom. I would rather be in a bit early than try to pinpoint the perfect immediate entry time…
As an investor, I’m building my long-term spot positions over the next 3-4 months… The daily and weekly structure is still bearish, so for now I’m happy to accumulate spot trades and let the market do what it wants.
Finally, the analyst warns Bitcoin may return to the $65,200 level in the near term.
“As we know, PA (price action) and the narrative leading up to a new month are important, especially since the start of a new month often triggers liquidity hunts in either an uptrend or a downtrend. If BTC can hold $70,800, I expect a local retest of the $73,000-$74,000 area. A successful retracement and turning $73,000-$74,000 into support will open the door for a move towards $76,000, Which is consistent with the previous monthly open, however, if $70,800 fails to hold, we could see a lower extension towards $65,200.
Bitcoin is trading at $66,945 at the time of writing, down 5.8% on the day.
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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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