[Renowned Trader: If Bitcoin Falls Below $61K, It May Test the $54K Region] BlockBeats News, August 1 – Renowned trader Killa posted this morning, stating that Bitcoin has pulled back again following the FOMC meeting. There is an important low-leverage long position cluster below the current price. Traders are advised to monitor the $61K to $61.5K range. If this price range is breached, Bitcoin may test the $54K–$56K region. Killa, a quantitative trader specializing in BTC, accurately predicted the peak of this bull market in May 2025 and has over 200,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688 and switched to a long position during the market-wide decline on June 5. [Original Link]