Bitcoin Faces $54K Test If $61K Support Level Breaks

Trader Killa warns that a breach of the $61,000-$61,500 support zone could trigger a drop to $54,000-$56,000, citing low-leverage long clusters.

Woofun AI reports that quant trader Killa identified a significant cluster of low-leverage long positions below current Bitcoin prices following the recent FOMC meeting. He advises monitoring the $61,000 to $61,500 range, noting that a breach would likely expose the $54,000 to $56,000 zone to selling pressure.

Killa, who holds over 200,000 followers on Platform X, previously predicted the May 2025 bull market peak. His track record includes shorting BTC at $74,688 in mid-April and switching to longs during the June 5th downturn.