Pseudonymous analyst KillaXBT, who accurately called Bitcoin's 2025 top, is accumulating BTC despite expecting the cryptocurrency to revisit lower price levels. The analyst told his 201,800 followers on X that he is building long-term spot positions over the next three to four months, citing a favorable risk-to-reward ratio even if Bitcoin drops another 31% from current levels. KillaXBT stated he prefers positioning slightly early rather than attempting to time the exact bottom, acknowledging the daily and weekly structure remains bearish.
Analyst Outlines Accumulation Strategy Despite Bearish Structure
KillaXBT explained his approach to accumulating Bitcoin in the current market environment. "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," the analyst stated.
The analyst elaborated on his investment timeline: "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."
KillaXBT acknowledged Bitcoin may remain in a bearish phase for months, stating he would rather be positioned slightly early than attempt to time the perfect entry.
KillaXBT Projects 121% Upside to $160,000
The analyst provided specific price projections for Bitcoin's potential downside and upside movements. "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," KillaXBT stated.
Bitcoin is trading at $66,945 at time of writing, down 5.8% on the day.
Analyst Warns of Potential Retest at $65,200
KillaXBT outlined near-term technical scenarios for Bitcoin price action. "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," the analyst stated.
The analyst specified conditions for upside movement: "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."
KillaXBT warned of downside risk if support fails: "However, if $70,800 fails to hold, we could see an extension lower toward $65,200."
FAQ
What is KillaXBT's Bitcoin accumulation strategy?
KillaXBT is building long-term spot positions over the next three to four months, buying despite expecting lower prices. The analyst stated he prefers positioning slightly early rather than attempting to time the exact bottom, acknowledging the daily and weekly structure remains bearish.
What price targets did KillaXBT provide for Bitcoin?
KillaXBT stated Bitcoin could drop another 31% from current levels but projected a potential move to $160,000, representing a 121% gain from the $66,945 price at time of writing. The analyst warned of a possible retest at $65,200 if $70,800 support fails, while a hold above $70,800 could lead to a retest of the $73,000-$74,000 region.
