
$BTC | October Range Sweep BTC swept its October range low this week's Fed FOMC x Q3 earnings week. Three reads to watch + the bullish path for a patient Fed. • $BTC swept $79.2K, now $80.6K • Daily RSI 42 at Sunday's close • Fed Wed, PCE Thu, $78K max pain Fri @DeItaone | Hold Now, December Looms ○ Kalshi: 94% hold Wed, 74% Dec hike ○ Sept hike cited energy + expectations risk ○ Both easing: 5y5y 2.20%, ○ Oil curve backwardated @0xSweep | RSI Reset ○ RSI ~42 = Aug 14-16 levels ○ We launched from this level in Aug ○ That base ran +25% in 5 days ○ Price still +28% above it Range Lows | Swept 3 for 3 in 2026 ○ Jun: $57.8K sweep → +16% in 4 wks ○ Aug: $62.5K sweep → +32% in 3 wks ○ Sep: $75.0K sweep ○ FOMC eve → +17% in 6 days ○ Oct: $79.2K sweep, $82K reclaim pending @coinbureau | Oil Relief ○ Brent eased on reports of no joint strikes ○ Same contract: -2.3% at the low ○ Not -7% (Dec → Jan roll) ○ Curve: $116 now vs $87 for Dec '27 ○ BTC vs oil, 60d correlation: -0.3 Bull Path | Patient Fed + In-Line PCE ○ Wed: hold, no Dec signal ○ Leads to → 74% hike odds repricing ○ Thu: core PCE nowcast +0.28% m/m ○ Aug was +0.25% ○ 10Y 4.98%, -26bp in a month Market Pulse | Watch Signals ○ Close > $82K (20d/50d avg + ETF avg cost) ○ Close 0.3% keeps December live BTC swept into a Fed that only has to sound patient, but $82K is the line that turns the sweep into a launch.
