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Bitcoin trades near $80K ahead of Fed decision, with ETF demand and technical resistance in focus.

Market News
26 Oct 2026, 19:18 WIB
Crypto Daily
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Bullish
Bitcoin trades near $80K ahead of Fed decision, with ETF demand and technical resistance in focus.

Bitcoin is trading around $80,000 as investors await the Federal Reserve's upcoming policy decision and reassess institutional demand via spot Bitcoin ETFs. The $80,000 level is a key technical resistance point, with potential to push Bitcoin higher if broken decisively. Institutional interest has improved, supported by recent ETF inflows, but mixed flows and geopolitical risks keep sentiment cautious. The Fed's guidance on interest rates will be crucial, as a hawkish tone could pressure Bitcoin, while supportive signals might boost liquidity and prices. The next major move depends on Fed policy, ETF demand, and overcoming technical resistance near $80,000 to $83,000.

Bitcoin trades at Rp1.443.163.500 on Pluang as of Oct 26, 2026 23:31 WIB, showing a slight 0.81% decline in the past day. Market activity on Pluang leans bullish, with 78% of orders to buy and a typical hold time of 112 days. The platform's 24-hour trading volume stands at Rp456,39 trillion, indicating strong liquidity amid cautious investor sentiment.

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