**[Opinion: Bitcoin Completes Bottom-Sweeping "Bull Hunt," May Shift to Short Squeeze Next Week, Bullish Above $79,800]** BlockBeats News, October 18 – Renowned trader Killa reviewed Bitcoin's weekly trend and pointed out that last week, BTC fell from $87,000 to the $80,000 range before rebounding by 50%. After the current weekly opening, the price surged on Monday but faced continuous resistance, eventually sweeping below last week's low of approximately $80,000. At present, the market's primary "hunt" has targeted the bulls, so there is a significant chance of shifting to hunting bears next week. In the short term, close attention should be paid to whether the price sweeps this week's low of $79,800 again. If such a sweep occurs, it could present a buying opportunity. Killa provided a clear observation framework: If the price no longer sweeps the bottom, focus on the $83,600 area. If this area cannot be breached, the market will remain in a range-bound capitulation phase. However, if a successful reversal occurs, the trend will break upward. Killa expects the weekly opening next week to push upward, forcing late-stage bears who recently shorted to close their positions. In the worst-case scenario for bulls, BTC might dip to the $76,000–$78,000 range. The analyst also explicitly stated that an extreme scenario of sweeping $74,000 is unlikely. [Original Link]