Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings

CoinTelegraph · Wed, 28 Oct 2026 16:53:26 GMT

Hype 0/100 · Market impact 10/100 · Breaking 57/100

Tags: BTC

Bitcoin failed to move past its 50-day simple moving average as market participants awaited the outcome of the FOMC meeting and key technology earnings.

Read the full story on CoinTelegraph →

Related coverage

Bitcoin (BTC) Shows a ‘Major Sign of Strength:’ Price Rally Incoming?
Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Euro-area banks report record deterioration in retail-funding access
Wall Street’s Fast Money Fled Bitcoin ETFs, Sovereign Funds Stepped In
Bitwise raises bitcoin price target to $1.6 million by 2036, projects 34% annualized returns