cryptoBitcoin: Post-FOMC
Benjamin Cowen · · 20:36 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $81,3444-hour candle close · 29 Oct 2026, 00:00 UTC · BTC/USDT
On Bitcoin
No change since their last video.
Views
- Next months (next 2–6 months): Leans down:
And I think that's what really like gets me to not like completely throw in the towel on the Q4 drop idea
▶ 11:33 Said again while their call of 24 Jul 2026 was open, so it counts once; that call was open until 21 Nov 2026, against 65.1k when said.
If this, then that
- If PCE comes in hot, then no target given (next days):
But if it comes in hot, then the most likely outcome would be that crypto would probably sell off.
▶ 16:24 - If PCE comes in hot, the long end rallies and midterm uncertainty arrives, then no target given (next months):
And I I just think that if if PCE comes in hot, the long end rallies, uh, we get the uncertainty of the midterms and what that could bring, you could easily see that Q4 low.
▶ 17:31
Levels named
- 83k: Resistance (second weekly close below 83K was part of the framework laid out):
you get your second weekly close by Bitcoin below 83K, which happened.
▶ 05:18
Their own position: Not said.
Dates named
- FOMC holds rates on 28 Oct 2026:
the Fed today did not raise rates and so that was sort of the base case by the markets going into FOMC.
- PCE inflation report on 29 Oct 2026:
The next thing is PCE comes in hot.
- US midterms, undated:
Crypto might then bounce one more time into the midterms and then drop after the midterms.