Analyst Suggests Bitcoin Bottom Likely Formed Near $87,000

Crypto analyst Killa stated on September 24 that Bitcoin's bottom has likely appeared. He projects a maximum correction of 10% to 15% during the current bull market cycle up to $126,000. Killa noted that if Bitcoin forms a local high near $87,000 before pulling back to the low $70,000 range, that area could serve as the bottom, prompting him to increase long positions. He is currently monitoring the $80,000 support level and plans to consider shorting only if the price reaches $90,000.