Prominent Bitcoin analyst KillaXBT, who correctly predicted the cryptocurrency's 2025 peak near $123,000, has reversed course and begun accumulating BTC despite maintaining short positions. The analyst believes Bitcoin has already corrected 51% from its highs and expects only another 10-15% downside before reaching a macro bottom. He projects four to six months of sideways trading before a full recovery, warning investors to prepare for increased volatility. KillaXBT employs a dual strategy: trading short-term swings from recent highs while gradually buying spot Bitcoin for long-term accumulation. With Bitcoin currently trading around $67,723, the analyst remains confident the asset will eventually break through its October 2025 all-time high of $126,000, signaling his transition from bearish to bullish positioning on longer timeframes.
