Prominent Trader Warns of FOMC Impact on Bitcoin: 7 of 8 Post-2025 Meetings Triggered Sell-Offs

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$59,533.10-0.99%

Summary

Bitcoin analysis by trader Killa highlights risks ahead of the FOMC meeting. Since 2025, seven out of eight meetings have triggered Bitcoin chart sell-offs. Killa says Bitcoin must remain above $64,000 to avoid a drop to $60,000. The market remains under close watch for a potential bearish reaction.

BlockBeats news, on June 17, renowned trader Killa (@KillaXBT) stated that tomorrow’s FOMC meeting is a significant event for Bitcoin; of the eight FOMC meetings since 2025, Bitcoin exhibited bearish reactions in seven instances. Although the market has currently formed a bullish narrative, the outcome is typically already priced in before the news.

Killa believes that Bitcoin must hold above $64,000 to maintain a bullish structure; otherwise, there is a significant risk of retracing to the $60,000 low following the FOMC.

Killa, a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and switched to a long position during the broad market decline on June 5.

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