Famous trader: If Bitcoin falls below $60,000, $54,000 may be the next support level

Renowned trader Killa (@KillaXBT) updated his market outlook, stating that if Bitcoin holds the quarterly low of $60,037, it may rebound to the quarterly opening price of $68,185; if it fails to hold, it points to the CME gap at $54,111.

Additionally, the next potential support below is the July 2024 low of $49,302. Killa, a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 180,000 followers on the X platform. In mid-April, he shorted Bitcoin at $74,688.