Trader Killa flags $61,000-$61,500 as key Bitcoin zone after post-FOMC pullback

Trader Killa flags $61,000-$61,500 as key Bitcoin zone after post-FOMC pullback

N
News Editor
2026-08-01 04:16:03
Bitcoin has pulled back again after the Federal Open Market Committee, according to trader Killa, who said there is still an important cluster of low-leverage long positions sitting below the current price. In a post published earlier today, he told traders to watch the $61,000 to $61,500 area closely. If Bitcoin loses that range, he said the next test could come in the $54,000 to $56,000 zone. The ChainCatcher report also recapped Killa’s past market calls. It described him as a quantitative trader focused on BTC with more than 200,000 followers on X. The report said he had previously called the top of the current bull market in May 2025. It also noted that he opened a short position on Bitcoin at $74,688 in mid-April and later flipped bullish on June 5, when the broader market was falling sharply.

Bitcoin has pulled back again after the Federal Open Market Committee, trader Killa said in a post published earlier today, according to ChainCatcher.

He said there is still an important cluster of low-leverage long positions below the current price. Killa told traders to watch the $61,000 to $61,500 range. If Bitcoin breaks below that area, he said it could test the $54,000 to $56,000 zone.

Killa’s previous market calls

ChainCatcher described Killa as a quantitative trader focused on BTC with more than 200,000 followers on X. The report said he had called the top of the current bull market in May 2025. It also noted that he shorted Bitcoin at $74,688 in mid-April and turned bullish on June 5 during a broad market sell-off.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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