Nope, "Babylon" was 1st century Israel that killed the Lord, the apostles and the saints, their city "Babylon" was destroyed by the Roman armies when they trampled the city:
(Rev 11:1 Then a measuring rod like a staff was given to me, and I was told, "Get up and measure the temple of God, and the altar, and the ones who worship there. )
(Rev 11:2 But do not measure the outer courtyard of the temple; leave it out, because it has been given to the Gentiles, and they will trample on the holy city for forty-two months. )
The blood of Jesus, the prophets and the apostles was avenged during that time:
(Rev 18:20 (Rejoice over her, O heaven, and you saints and apostles and prophets, for God has pronounced judgment against her on your behalf!)
(Mat 23:30 And you say, 'If we had lived in the days of our ancestors, we would not have participated with them in shedding the blood of the prophets.' )
(Mat 23:31 By saying this you testify against yourselves that you are descendants of those who murdered the prophets. )
This is not true.
Babylon was a kingdom years before the Roman Empire was a kingdom, and to be referred to as Babylon you have to have that type of system, which Israel did not have that type of system, especially with the Romans there.
Rev 11:3 And I will give power unto my two witnesses, and they shall prophesy a thousand two hundred and threescore days, clothed in sackcloth.
Rev 11:4 These are the two olive trees, and the two candlesticks standing before the God of the earth.
Rev 11:5 And if any man will hurt them, fire proceedeth out of their mouth, and devoureth their enemies: and if any man will hurt them, he must in this manner be killed.
Right after they trample on the holy city for three and one half years then God sends Israel 2 witnesses to turn them to the truth that Jesus is their Messiah.
Which God said He is going to bring all the house of Jacob back to their land, and leave none of them in the nations anymore, and they shall know the LORD their God from that time forward, and He will never hide His face from them again, which they will be in the truth from that time forward, and never go astray again.
So it is a future prophesy.
Which the Bible says that Israel is blinded in part, which has to do with Israel as a nation, for they accept the Old Testament for the majority, but not the New, until the fulness of the Gentiles come in, when salvation is no longer available to them, and so all Israel shall be saved.
The Bible says Israel as a nation has 70 weeks, 490 years, to make an end of sins, and bring in everlasting righteousness, and anoint the most holy who is Jesus.
Which the time started before Jesus came for they were not in the truth, for if they were the Roman Empire would of not been in their land having control.
Once the 70th week happens Israel as a nation will be in the truth that Jesus is their Messiah, and will never stray again, which Jesus said the Jews will not see Him again until they say blessed is He that comes in the name of the Lord.
69 weeks has come to pass, and the last week is the time that God causes all people that do not love Him to follow the beast kingdom, and brings Israel as a nation to the truth that Jesus is their Messiah.
The man of sin, New Age Christ, will establish peace in the Middle East, and it will pave the way for all Jews to go to Israel, which the Gentile nations will make sure of it, and the man of sin wants them all back on their land, but God means it for good towards the Jews.
The Gentile nations will come together as one and try to establish peace on earth, and the 7 years period will begin.
For the first three and one half years repentance, and salvation, are still available to the world.
At the end of the first half the man of sin claims to be their God and messiah.
When they take the mark of the beast, which is the microchip linked to satellite, then repentance, and salvation, are no longer available to them, and the fulness of the Gentiles have come in.
God will send Israel as a nation 2 witnesses to turn them to the truth that Jesus is their Messiah, and at the end of that time Israel will be in the truth, and the 70th week fulfilled.
The world will attack Israel, and Jesus will save them, for all Israel will be saved, and the kingdom on earth restored to them.
Rev 11:9 And they of the people and kindreds and tongues and nations shall see their dead bodies three days and an half, and shall not suffer their dead bodies to be put in graves.
Rev 11:10 And they that dwell upon the earth shall rejoice over them, and make merry, and shall send gifts one to another; because these two prophets tormented them that dwelt on the earth.
Rev 11:11 And after three days and an half the Spirit of life from God entered into them, and they stood upon their feet; and great fear fell upon them which saw them.
Rev 11:12 And they heard a great voice from heaven saying unto them, Come up hither. And they ascended up to heaven in a cloud; and their enemies beheld them.
Rev 11:13 And the same hour was there a great earthquake, and the tenth part of the city fell, and in the earthquake were slain of men seven thousand: and the remnant were affrighted, and gave glory to the God of heaven.
The world knows about the 2 witnesses, and they go against anybody that would try to hinder them from witnessing to the Jews, and they kill them at the end of the last three and one half years, and they resurrect to heaven, and the rest of the Jews that did not believe will believe, and Israel as a nation will be in the truth that Jesus is their Messiah.
When the 2 witnesses preach to the Jews the Jews are on their land.
But if this happened back in the first century how are the Jews back on their land when the Roman Empire scattered them off their land.
And God was allowing them to be punished by them being scattered in to the nations for rejecting the truth, so why would He send them 2 witnesses when He was allowing them to be scattered off their land as a punishment for rejecting the truth.
And how can the world know about the 2 witnesses like Revelation says they do if it is back in the first century, for the earth rejoices when they kill them.
As soon as they trample the holy city for three and one half years, the 2 witnesses start witnessing to them.
Which they shall trample the holy city for the first half of the 7 years period in the future, which Israel is blinded in part at that time, and when it is over the fulness of the Gentiles shall be come in, and then the 2 witnesses shall witness to the Jews for the last half of the 7 years period, and at that time Israel shall be in the truth, and the 70th week fulfilled.
It does not make sense for 2 witnesses to be sent to Israel to turn them to the truth back in the first century when God was punishing them by causing them to be scattered in to the nations for rejecting the truth.
But 2 witnesses are sent to Israel right after they trample the holy city for three and one half years.
That is a contradiction if it was back in the first century, for God was punishing Israel by causing them to be scattered in to the nations, so why would He send them 2 witnesses to turn them to the truth.
At the end of the 70 weeks Israel must be in the truth that Jesus is their Messiah, for they have 70 weeks to acknowledge Jesus as Messiah.
But Israel has not done that yet so the 70 weeks could of not been fulfilled.