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.
You may also like
Lion Copper and Gold held annual general meeting, shareholders voted on proposals
Wayne Bank names Stephanie Abraham vice president, commercial team leader
web3: Jurassic Finance advances dinosaur fossil tokenization on Solana
Chile economy misses forecasts as mining slump drags GDP lower
Crypto prices
More
