Crypto analyst Killa stated that Bitcoin's bottom may have already formed, with the $87,000 level potentially serving as a local low. The analyst projects a maximum bull market correction of 10% to 15% from current prices up to the $126,000 range. Killa indicated he would significantly increase long positions if Bitcoin forms a local high near $87,000 before any further decline toward the low $70,000s. Bitcoin is currently testing key support around $80,000, and maintaining previous breakout levels could sustain the uptrend. The analyst noted he would only consider short positions near $90,000.