[Renowned Trader Killa: Bitcoin Pullback Expected to Be Slightly Below $70,000 at Most, Bottom Gap Doesn't Necessarily Need to Be Filled] BlockBeats News, September 10 – Renowned trader Killa posted on social media, stating that Bitcoin has been consolidating at the bottom for two months, followed by a 27% surge, while the market remains in disbelief. The gap below does not necessarily need to be fully filled. The gap initially formed because approximately $6 billion in short positions were liquidated, and this is only the publicly visible liquidation data. Therefore, based on this context, the gap below does not need to be fully filled, and it is very likely that it won't be. During the rally at the end of 2022, only partial gap fills were observed at most, and even then, they were quickly bought back. If a similar situation occurs this time, it could mean BTC testing the $70,000 level. However, this is not guaranteed to happen. Killa stated that, technically speaking, he does not believe BTC will return to his 2x long entry point at $62,600. It is unlikely to even revisit his publicly shared spot average cost of $65,800. In the worst-case scenario of a retest, it might dip slightly below $70,000. If some form of capitulation occurs, it could reach as low as $69,000. Beyond that, no significantly deeper pullback is expected. Even in such a scenario, it might be somewhat forced. BTC is very likely to hold the $73,000–$75,000 range with ease and eventually make another upward move toward $85,000. [Original Link]