NewsSignals AI analysis·Stocktwits·Oct 28, 2026

Bitcoin On Track To Post Weakest October In Six Years As US Buyers Retreat Ahead Of Fed Decision

Grade Bbearish AI signal$BTC

Bitcoin is on track for its weakest October in six years, down 4.2% for the month as U.S. buying demand weakens ahead of the Federal Reserve's rate decision. CryptoQuant's Coinbase Premium stayed negative throughout October, while its Bull Score Index fell from 90 to 60 and analysts identified $73,000–$77,600 as a support zone. A hawkish Fed signal or continued weak spot demand could pressure BTC toward lower support levels, while a more favorable policy outlook could help stabilize sentiment.

Bullish strength: 30/100

CryptoQuant's Bull Score Index at 60 still indicates a bullish, though cooling, phase.
Bitcoin remains above its stated $73,000–$77,600 support zone.

Bearish strength: 70/100

Bitcoin is down 4.2% in October and is on track for its weakest October in six years.
Coinbase Premium has been negative every day this month, indicating soft U.S. demand.
Overall spot demand has been negative daily since October 14.
A hawkish Fed signal could keep policy tighter for longer and pressure risk sentiment.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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