Bitcoin could not get above its 50-day simple moving average on Wednesday, Oct 28, 2026. Traders were waiting for the US Federal Reserve's interest-rate decision at the FOMC meeting and for results from major tech companies.
BTC lost its early gains around the time Wall Street opened. TradingView data showed BTC/USD stopping short of $81,700 and then falling to $80,297 on Bitstamp, its low for the move.
Cointelegraph's market list showed BTC at $81,246.73. When the report was written, neither the Fed's decision nor the tech earnings had come out.
For anyone already holding a Bitcoin perpetual, this report changes nothing directly. It has no figures on funding rates, trading fees or order-book depth on Bitget, Bybit, MEXC, OKX or any other exchange. What it does show is the range of the day's move: from a high of about $81,700 down to $80,297, with two scheduled events still to come.
Source: cointelegraph — Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Price today: Bitcoin