--- title: "Killa Says Bitcoin May See Early-Month Rebound as Bearish Sentiment Builds" type: "News" locale: "en" url: "https://longbridge.com/en/news/294599003.md" description: "Trader Killa suggests Bitcoin may experience an early-month rebound as bearish sentiment is already priced in. He notes that Bitcoin often moves opposite to prevailing sentiment at the start of a new monthly cycle, though this pattern can fail during major trend reversals. Currently range-bound near bear-market lows, Killa outlines two scenarios: a drop below $57,000 or an initial 2-4% rise. He argues that even if prices fall later, an early uptick aligns better with the current market structure." datetime: "2026-08-02T07:03:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294599003.md) - [en](https://longbridge.com/en/news/294599003.md) - [zh-HK](https://longbridge.com/zh-HK/news/294599003.md) generator: "portal-rs" --- # Killa Says Bitcoin May See Early-Month Rebound as Bearish Sentiment Builds Trader Killa said Bitcoin is entering a new monthly cycle with a strong bearish narrative already priced in, making an early-month bullish reaction more likely. According to ChainCatcher, Killa said Bitcoin has often moved in the opposite direction when it enters a new phase amid clear bearish sentiment, though the pattern may fail when a major trend reversal is near, such as in November last year and in February and June this year. Killa said Bitcoin is still range-bound and close to a bear-market low. He outlined two possibilities: a final drop below $57,000, or an upward rebound at the start of this month that keeps price action within the range. Even if Bitcoin later declines further, Killa said an initial 2% to 4% rise this month would better fit the current market structure. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) ## Related News & Research - [GoMining Launches Instant Funds for Digital Bitcoin Miner Holders](https://longbridge.com/en/news/297160037.md) - [Hilbert Group shifts strategy to monetization, targets revenue growth after integration phase](https://longbridge.com/en/news/297739875.md) - [Capital B Raises €21 Million to Accelerate Bitcoin Treasury Strategy](https://longbridge.com/en/news/297279683.md) - [Binance Founder CZ Says His X Follower Count Has Been a 'Consistent Early Indicator’ of Crypto Cycles](https://longbridge.com/en/news/297631208.md) - [PowerCompute secures USD 21.89 million bitcoin-backed collar loan from Arch Lending](https://longbridge.com/en/news/297370526.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**