Trader Killa said buyers are absorbing selling pressure during Bitcoin's recent pullback, a pattern he compared with the consolidation seen in an earlier range. According to ChainCatcher, he said there is little support below the current price, while order books show a strong cluster of buy orders just above $80,000, a key psychological level for Bitcoin.

Killa said a weekly close above the prior week's low at $82,600 would be a bullish signal and could indicate a typical stop-hunt followed by a return to the range. He described himself as a BTC-focused quantitative trader, said he predicted the top of the current bull market in May 2025, has more than 200,000 followers on X, shorted Bitcoin at $74,688 in mid-April, and turned long on June 5 during a broad market decline.