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Trader Killa Opens Long Bitcoin Position at $31,950 Stop Loss, Targets $160K Ahead of 2028 Halving

GateNews
Price Prediction
BTC-0.31%

According to BlockBeats, on June 5, trader Killa opened a long position in Bitcoin with a stop loss at $31,950 and a target price of $160,000. Killa noted that his current position consists primarily of spot holdings and low-leverage contracts to manage downside risk.

Killa expects Bitcoin to reach new highs before the next halving in April 2028, citing shifts in the composition of long-term holders. He previously predicted the top of the current bull market in May 2025.

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