Prominent Trader Discusses FOMC's Impact on Crypto: Macro Narratives Are Mostly Noise, Bitcoin Price Typically Moves Ahead of Macro Trends

BlockBeats news, September 14 — Well-known trader Killa posted about the potential impact of this week's upcoming FOMC meeting on the crypto market, stating that many people pay close attention to macroeconomics, policy, and economic data to predict the next move in assets, but Killa believes "most macro narratives are just noise."

Killa said, BTC often starts moving before the reason becomes obvious. By the time the macro environment shifts and the herd recognizes it, Bitcoin has usually already completed its move. Correlations tend to lag. The market doesn't move because most people understand it. Most people understand it because the market has already moved.

On September 12, Killa posted that Bitcoin had recently been in repeated choppy action, with the market repeatedly hunting long positions below prior lows, aiming to clear leverage and gradually destroy the confidence of long holders. This persistent sweep-lower behavior usually signals that the market ultimately intends to reward longs, with one final sweep marking a local bottom, after which price expands toward highs.

Killa, a quantitative trader focused on BTC, previously predicted the top of this bull cycle in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688 and flipped long during the market-wide selloff on June 5.