Analyst: BTC has fallen for three consecutive weeks, and US spot Bitcoin ETF saw a net outflow of $636 million in a single day
2026-10-27 20:20:39
CoinMeta data: According to the Wintermute market weekly report, BTC fell 2.43% last week to around $80,500, and ETH fell 3.40% to around $2,330. US spot Bitcoin ETF saw a net outflow of $636 million on Thursday, the largest single-day outflow since June. On the same day, the NASDAQ index fell 2.6%, while Brent crude oil rose 5.66% to $116.72. BTC needs to recover to between $82,000 and $82,500; if it falls below $80,000, the next support level is $76,000, and it could then drop below $70,000. Key events include the FOMC meeting on October 28th, the third-quarter GDP data on October 29th, as well as the September PCE data, and the monthly options expiration on October 30th.
Source:Internet
This content is for market information only and does not constitute investment advice.
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