Bitcoin Holds Near $80K as Fed Decision Puts BTC at a Critical Turning Point

Bitcoin is hovering near the $80,000 region as traders prepare for the Federal Reserve’s October 27–28 meeting, putting BTC at an important technical and macroeconomic crossroads. The Federal Reserve is widely expected to keep interest rates unchanged at 3.75%–4.00%, but persistent inflation means investors will focus closely on signals about future policy. Bitcoin Faces Key Resistance Bitcoin has struggled to regain momentum after falling back from recent highs. CryptoDaily technical analysis identifies the $80,300–$84,000 region as an important resistance zone. A sustained move above $83,900 could reopen the path toward $90,000. If support fails, however, BTC could revisit the mid-$70,000 region, with deeper downside risk toward $70,000. Fed Decision Could Drive the Next Move The Fed is expected to pause following September’s rate increase.

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