NewsSignals AI analysis·Cointelegraph·Oct 29, 2026

Bitcoin price jumps to $81.5K as US GDP data beats expectations

Grade Bbullish AI signal$BTC

Bitcoin rebounded to $81,547 as stronger-than-expected US Q3 GDP data supported a recovery despite broader weakness in US stocks. US GDP grew 3.4% versus 3.2% expected, while annual PCE inflation matched estimates at 3.6%; Bitcoin now faces a key resistance level at $81,400 ahead of the weekly close. Continued economic resilience could support Bitcoin's near-term momentum, but failure to reclaim $81,400 could leave the recovery vulnerable to renewed selling pressure.

Bullish strength: 65/100

Bitcoin rebounded to $81,547 after reaching a low of $79,607.
US Q3 GDP growth of 3.4% exceeded the 3.2% expectation.
PCE inflation matched expectations at 3.6% year over year.

Bearish strength: 35/100

Bitcoin faces resistance at $81,400, which analysts identify as a key weekly-close level.
Bitcoin was on track for a 3.3% monthly decline in October.
US stocks opened lower amid Alphabet's 12% drop after its earnings miss.

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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