The next few days could be crucial for Bitcoin as major macroeconomic events put financial markets on alert.
📅 Key Events to Watch:
🏦 Oct 28 — FOMC Decision: The Fed’s rate decision and policy outlook could shake risk assets.
📊 Oct 29 — US PCE + GDP: Inflation and economic growth data could influence expectations for future Fed policy.
🇯🇵 Oct 30 — Japan Unemployment Data: Another macro signal for global markets and investor sentiment.
🇺🇸 US Midterm Elections: Political uncertainty is also approaching, adding another factor traders may be watching.
₿ THE $BTC LEVEL TO WATCH: $82K
A weekly close above $82,000 could strengthen the bullish case and signal that buyers are regaining control. But if Bitcoin fails to reclaim that level, volatility could bring another test of lower support zones.
⚠️ Remember, these events can trigger moves in either direction. The key is how Bitcoin reacts to the actual data — not just the headlines.
Will $BTC secure a weekly close above $82K, or will macro events trigger another shakeout? 👀
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