[Renowned Trader: Pay Attention to Potential Short-Term Pullbacks After Bitcoin's Strong Breakout] BlockBeats News, August 20 — Renowned trader Killa compared Bitcoin's bottom formation in 2022 with its current pattern, advising investors to watch for potential short-term pullbacks at high levels. 'Bitcoin can still hold its previous lows without truly breaking below them,' he stated. He further explained that the only way to validate this pattern is if BTC pulls back to its previous consolidation range and shows clear signs of weakness on the 4H/1D charts. If there are no signs of weakness and BTC does not return to that range, then this pattern will be invalidated. 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 long positions during the market-wide downturn on June 5. [Original Link]