Bitcoin Could Reach $65,600 as Strategy OTC Sales Limit Spot Impact
2026-07-07 10:17

Woofun AI reports that trader Killa (@KillaXBT) projects Bitcoin could climb to $65,600 provided it maintains support above last week's close near $59,000. Regarding Strategy's disposal of 3,588 BTC, Killa clarified the transaction occurred via institutional over-the-counter channels rather than open markets, thereby minimizing pressure on spot prices and accounting for the recent dip-and-rebound pattern. The quantitative trader, who holds over 200,000 followers on Platform X, previously forecasted a bull market peak in May 2025 and executed a short position at $74,688 in mid-April before switching to longs on June 5th.

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BTC
Bitcoin
Killa
@KillaXBT
Strategy
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