Renowned trader Killa: Bitcoin may hit bottom before midterm elections, and post election gains need to be cautious BlockBeats news, on October 17th, well-known trader Killa recently released a video predicting the market trend before and after the US midterm elections. His analysis summarizes the time relationship between the previous midterm elections and Bitcoin bottoming out (2014: about 70 days after the midterm elections, 2018: about 40-44 days after the bottom, 2022: almost bottoming out during the midterm elections), and believes that Bitcoin may form a weekly level bottom before the US midterm elections on November 3rd. It also provides two main scenario assumptions: an early bottoming out scenario: BTC forms a low point before (or near) the midterm elections (possibly sweeping through the current low point or maintaining above 80k), then begins to rebound, testing the 80k area first, and ultimately potentially impacting 95k. This will lead to a bullish fourth quarter, contrary to most people's expectations of "post election risk reduction". Classic Risk Reduction Scenario: First, rise and soar (possibly even reaching 94-95k), and then there is a common historical sell-off/risk reduction decline after the midterm elections (similar in 3 out of the past 4 times). Killa suggests that investors closely monitor the price structure before entering the midterm elections and react accordingly. If the bottom is reached in advance, it may hold a bullish position after the election; If it starts to weaken after rising, consider taking risks. The overall emphasis is on the accelerated change of patterns, and we cannot simply copy the historical experience of 'inevitably falling after elections'. Killa, as a quantitative trader specializing in BTC, predicted the peak of this bull market in May 2025 and has over 200000 followers on the X platform. In mid April, it shorted Bitcoin at $74688 and turned long during the overall market downturn on June 5th. [Original link]