• Bitrue’s analysis sees a Bitcoin recovery to $85,000 as possible, but technical indicators do not confirm an imminent breakout.
• BTC/USDT traded near $80,334 on October 29, 2026, requiring a gain of approximately 5.8% to reach that target.
• The Federal Reserve held interest rates at 3.75%-4.00% on October 28, leaving persistent inflation concerns in focus.
• Initial resistance stood at $81,640.56, with further barriers at $82,000-$83,000; initial support was $79,329.70.
• A sustained breakout requires stronger trading volume and improving momentum; current signals indicate an attempted recovery rather than a confirmed bullish reversal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitrue Ltd published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.