Bitcoin Could Rise to $65,600 if It Holds $59,000, Says Trader Killa; Strategy's 3,588 BTC OTC Sale Has Limited Impact

BTC0.20%
According to BlockBeats, trader Killa said on July 7 that Bitcoin could rise to $65,600 if it holds last week's close around $59,000. Regarding Strategy's recent sale of 3,588 BTC, Killa noted the transaction was conducted through over-the-counter (OTC) institutional trading rather than public markets, which limited its impact on Bitcoin's spot price. This OTC approach, Killa explained, accounts for Bitcoin's mixed price action overnight—initial decline followed by recovery.
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