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Bitcoin Holds $79,200 Before the Fed, Coinbase Earnings and a $10.9B Expiry: Which Way Next?

Picture: Coinspeaker

Bitcoin held above $79,200 for a third straight day on Monday, October 26, as traders braced for a week that puts Wednesday’s Federal Reserve decision, Thursday’s Coinbase and Strategy earnings and Friday’s $10.9 billion options expiry into three back-to-back sessions. Nobody wants to be early. The key Bitcoin news this week is the calendar. Bitcoin trades near $80,300, flat on the day and down 2.4% in a week. Monday’s dip to $79,369 was bought within hours, just as Saturday’s low of $79,221, the lowest since September 18, was. --> Strategy is the one to watch for buying.

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