BlockBeats News, June 17th - Renowned trader Killa (@KillaXBT) stated that the upcoming FOMC meeting is a significant event for Bitcoin. After 8 FOMC meetings since 2025, Bitcoin has experienced a bearish reaction 7 times. Although the market is currently adopting a bullish narrative, the outcome is usually priced in before the news.

Killa believes that Bitcoin needs to stay above $64,000 to maintain its bullish structure. Otherwise, there is a considerable risk of revisiting the $60,000 low after the FOMC meeting.

As a quant trader focusing on BTC, Killa accurately predicted the peak of this bull market in May 2025 and has over 200,000 followers on Platform X. In mid-April, Killa shorted Bitcoin at $74,688 and shifted to a long position during the market-wide downturn on June 5th.