Wintermute said Federal Reserve language and inflation data will be key for Bitcoin this week, while its market report identified support near $76,000, BlockBeats reported.
Recent weakness and ETF flows
Wintermute said Bitcoin fell 2.43% last week to about $80,500, marking a third consecutive weekly decline and retesting $80,000. U.S. spot Bitcoin ETFs recorded a $636 million net outflow on Thursday, the largest single-day outflow since June.
Wintermute’s scenario
The firm said Bitcoin is moving with AI-related stocks and that a hawkish FOMC tone or hotter-than-expected inflation could trigger selling. It said it was not bearish but remained cautious until the FOMC outcome and a move back above $82,500, while identifying $76,000 as support. These levels and scenarios are Wintermute’s views.
Source: BlockBeats, 2026-10-27 00:45:41 UTC.