NewsSignals AI analysis·Cointelegraph·
BTC price risks $80K loss into FOMC, earnings: Three things to know in Bitcoin this week
Grade Abearish AI signal$BTC$BRENT$KOSPI$IXIC$SPX
Bitcoin is struggling to hold $80,000 support ahead of this week's Federal Reserve decision, US inflation data and major corporate earnings, with BTC down nearly 4% in October.
Bitcoin briefly fell to $79,145, triggering almost $150 million in long-position liquidations over two hours, while a $73 million bid wall sits above $79,300 and sell orders cluster around $81,000.
A sustained break below $80,000 could intensify downside pressure, especially if macroeconomic uncertainty and weakness in technology stocks continue to weigh on risk appetite.
Bullish strength: 20/100
- A $73 million bid wall is positioned above $79,300.
- Markets see over 90% odds of the Fed holding rates at 3.75%-4% this week.
Bearish strength: 80/100
- Bitcoin is down nearly 4% in October and is struggling to hold $80,000 support.
- BTC fell to $79,145, triggering almost $150 million in long liquidations over two hours.
- Sell orders are concentrated around $81,000.
- Analyst Benjamin Cowen expects continued Bitcoin weakness through year-end.
- The KOSPI fell 1.5% amid technology-sector selling and concerns about AI investment returns.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.