Bitcoin Price at Risk as Federal Reserve Meeting Looms and Oil Prices Soar

Bitcoin's recent surge has many investors wondering if it will continue to rise. However, several factors may threaten to unravel the rally before October is over.

The Federal Reserve meeting on October 27-28 could play a crucial role in determining Bitcoin's price trajectory for the remainder of 2026.

Rising oil prices and slowing inflows into exchange-traded funds (ETFs) are also putting pressure on Bitcoin, currently trading at approximately $83,070.

Despite its impressive 90-day gains, Bitcoin remains 34.1% below its all-time high of $126,080 recorded on October 6, 2025.