Gate News message, April 26 — Quantitative trader Killa shared his prediction for Bitcoin's bear market bottom on April 25, estimating the floor at $38,800. Accounting for approximately 5% variance, he projects the bottom could be either $40,740 or $42,680.
Killa previously used a model combining cycle analysis, pattern analysis, and mathematical methods to forecast the current bull market peak at $121,362; the actual peak reached $126,100. He emphasized that even his highest estimate of $42,680 remains significantly below $60,000, describing that level as "extremely bullish" as a bear market floor.
Killa plans to accumulate spot Bitcoin purchases as much as possible during July and August.