[Renowned Trader: Bitcoin in Short-Term Narrow Range Fluctuation, $65,300 is the Key Pivot Point] BlockBeats News, August 9 – Renowned trader Killa shared his technical analysis on Bitcoin, stating that if Bitcoin falls below the current weekly high ($65,300), it will likely retrace to test the monthly opening price of approximately $62,700. Conversely, if it can break through and hold above the $65,300 resistance level, it may further rise to around $66,900. Overall, he believes the past two months have been within a consolidation range, with no clear breakout signals in the market. Killa, a quantitative trader specializing in BTC, accurately predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to a long position during the market-wide decline on June 5. [Original Link]