One of the few analysts who accurately called Bitcoin’s 2025 top says he’s still buying BTC even though the bottom may not be in.
The pseudonymous analyst KillaXBT tells his 201,800 followers on X that Bitcoin is likely going to revisit lower price values, but he is long-term bullish on the top crypto asset by market cap.
“I think we go lower. I’m buying anyway. I have to ask myself whether I’m prepared to be front run while waiting for the perfect bottom. The answer is no. I will not be the fool who thinks he can nail everything.
Could BTC drop another 31% from here? Absolutely. But a move to $160,000 from current prices is a 121% gain. You’d have to be crazy to look at that RR (risk-to-reward ratio) in the HTF (high timeframe) and say this isn’t a good place to be buying.”
The analyst also says that Bitcoin may remain in a bearish phase for months.
“Everyone is obsessed with calling the exact bottom. I’d rather be positioned slightly early than try to time the perfect spot entry…
As an investor, I am building my long-term spot positions over the next three to four months… The daily and weekly structure still remains bearish, so for now I’m happy accumulating spot and letting the market do what it wants.”
Lastly, the analyst warns that Bitcoin may revisit the $65,200 level in the near term.
“As we know, the PA (price action) and narrative leading into a new month are important, especially since the start of a new month often brings liquidity hunts to either the upside or downside. If BTC can hold $70,800, I would expect a local retest of the $73,000-$74,000 region. A successful reclaim and flip of $73,000-$74,000 into support would open the door for a move toward $76,000, which aligns with the previous monthly open. However, if $70,800 fails to hold, we could see an extension lower toward $65,200.”
Bitcoin is trading for $66,945 at time of writing, down 5.8% on the day.
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