Analyst sets Bitcoin price target ahead of October’s FOMC
Photo: Finbold
Ahead of the October 28, 2026, Federal Open Market Committee (FOMC) meeting, crypto analyst Ali Martinez has set bold targets for Bitcoin ( BTC ). Martinez noted on Wednesday that BTC’s UTXO Realized Price Distribution (URPD), an on-chain metric that shows the amount of a crypto that last moved within specific price ranges, hence revealing where investors acquired their coins, shows that Bitcoin’s price has a key support level at about $81,000. Furthermore, the analyst noted that almost 1 million BTC traded at this liquidity level.
Source: Finbold
