Trader Killa: Will consider rebuilding a 10x long position if Bitcoin pulls back to $80,000–$82,000.

On October 7, crypto trader Killa posted on X stating that Bitcoin once again failed to break above $87,000, after a 10x long position opened in anticipation of a breakout following a second test of the highs was stopped out at breakeven. Due to the failed breakout and the price returning to the entry level, he is now focusing on the $80,000–$82,000 range and considering re-establishing a 10x long position.

Killa said he currently still holds BTC longs at $62,600 and $76,400, seeing no immediate reason to rush into opening new long positions. He remains bullish and expects prices to push higher, noting that the current market is moving within a lower-timeframe range while he primarily focuses on higher-timeframe trades. He also emphasized the importance of risk management.