Analytics: Market Outlook and Forecasts

📈 WHAT HAPPENED?

Last week, amid a record drop in gold on October 21, Bitcoin entered a phase of increased volatility. Initially, the asset experienced a ~5.5% increase, forming a strong volume anomaly, before returning to its initial levels.

After a sharp reversal, we anticipated a local uptrend and a short bounce from the seller's anomaly. However, we only observed a minor short movement, which was absorbed by the buyer.

💼 WHAT WILL HAPPEN: OR NOT?

We’ve reached an important level, which is now being tested. Given how easily the market passed strong resistance, the mood remains bullish.

The main expectations: break after a local retest of the $115,000-$114,300 range (buyer activity by delta) or test the next buyer zone before resuming growth. The target for the movement is the $120,000 mark.

Buy Zones:
$115,000–$114,000 (local delta activity),
$111,700–$110,000 (accumulated volumes),
$108,700–$107,500 (volume zone),
$105,600–$104,500 (volume anomalies),
$97,000–$93,000 (volume zone).

Sell Zones:
$120,900–$124,000 (volume zone).
📰 IMPORTANT DATES

Macroeconomic events this week:

• October 27, Monday, 14:00 (UTC) — publication of data on new home sales in the United States for September;
• October 28, Tuesday, 14:00 (UTC) — publication of the US Consumer Confidence Index for October;
• October 29, Wednesday, 13:45 (UTC) — announcement of the interest rate decision in Canada;
• October 29, Wednesday, 18:00 (UTC) — FOMC statement and announcement of the US Federal Reserve's interest rate decision;
• October 29, Wednesday, 18:30 (UTC) — FOMC press conference;
• October 30, Thursday, 9:00 (UTC) — release of Germany's GDP for the third quarter of 2025;
• October 30, Thursday, 12:30 (UTC) — publication of the US GDP for the third quarter of 2025;
• October 30, Thursday, 13:00 (UTC) — publication of the German Consumer Price Index (CPI) for October;
• October 30, Thursday, 13:15 (UTC) — announcement of the deposit rate and the Eurozone interest rate decision for October;
• October 30, Thursday, 13:45 (UTC) — press conference by the European Central Bank;
• October 31, Friday, 1:30 (UTC) — publication of the Chinese manufacturing sector business activity index for October;
• October 31, Friday, 10:00 (UTC) — publication of the Eurozone consumer price index for October;
• October 31, Friday, 12:30 (UTC) — publication of the US personal consumption expenditure base price index for September.


*This post is not a financial recommendation. Make decisions based on your own experience.

#analytics