Killa
Killa|Oct 28, 2026 12:47
BTC is on the verge of a major move. With FOMC today, we know the drill. So far, we’re building a clear bearish narrative into my pivot, a level that has proven its track record over the past 2 years. The minimum expected move over the next 7–10 days is 10%+. That means significant volatility will occur over the next week or two. Since we’re derisking into the date, I’m leaning toward a bullish reaction afterwards, potentially taking BTC into the 90Ks. If things go the other way, we could see another 10% drop from current prices. That’s not my main expectation, with a bearish narrative already building into this date, a further 10% decline feels a little extreme. For now, I’m bullish & remain bullish. We’ve got an eventful few weeks ahead, midterms, the monthly close, and billions in positions already wiped out on one side. I wonder which direction is more exposed heading into the midterms, especially when so many are expecting a bearish reaction. We’ll find out soon.
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