Prominent Trader: Bitcoin's 5-Day MA Has Been a Key Turning Point Over the Past 9 Months, Signifying Significant Reversals
BlockBeats News, May 1st: Renowned trader Killa (@KillaXBT) posted today, highlighting that over the past 9 months, Bitcoin has shown a clear reversal pattern on the 5th of each month. Killa also hinted that the upcoming May 5th aligns with other reversal indicators he has been monitoring.
Killa, known as a BTC-focused quantitative trader, accurately predicted the peak of the current bull market in May 2025 and has over 180,000 followers on Platform X. In mid-April, he shorted Bitcoin at $74,688 and is currently holding an unrealized loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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