Busiest Crypto Week of the Year? Fed, GDP and Bitcoin Options Expiry Hit at Once

TLDR: A weekly close above $82K and the 1W 50MA would strengthen the bullish case for Bitcoin, says Ash Crypto. The Fed is expected to hold rates at 3.75%-4%, but Warsh’s press conference could signal a December hike. PCE inflation near 3.6% and Thursday’s US Q3 GDP print could swing sentiment for Bitcoin and risk assets. $11B in Bitcoin options expire Friday, days before the midterms Bitcoin has historically corrected after. The Federal Reserve announces its rate decision Wednesday, October 28, at 2 p.m. ET. Markets expect rates to hold at 3.75% to 4%.