Prominent Trader Warns of 'FOMC' Curse, Bitcoin Has Fallen After 8 Out of Last Year's FOMC Meetings

BlockBeats News, June 17th - Renowned trader Killa (@KillaXBT) stated that the upcoming FOMC meeting tomorrow is a significant event for Bitcoin. Out of the 8 FOMC meetings since 2025, Bitcoin has experienced a bearish reaction 7 times. Although the current market presents 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 high risk of revisiting the $60,000 low after the FOMC meeting.

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