Description
Bitcoin's $80,000 floor just cracked, but the problem isn't Bitcoin. It's debt. Wall Street dumped Bitcoin last week, Elon Musk warned that debt markets are shutting off money to AI companies without real revenue, and Anthropic's IPO filing showed an $80.7 billion paper loss. Here's the one level I'm watching, what Bitcoin did after the last three midterms, and exactly what I'm doing with my own money, whatever the Fed circus does tomorrow.
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US spot Bitcoin ETFs took in more than $500 million on both Monday and Wednesday last week, then lost $636 million on Thursday, the biggest one-day outflow since 25 June, on the same day tech stocks sold off over AI spending. Brent crude closed at $116.72 on Friday, its highest close since April, after Houthi attacks on Saudi Arabia, then pulled back to around $110 on Monday on Iran deal talk. The 10-year yield is back under 5%, and traders put a 92% chance on a Fed hold on Wednesday but a 78% chance of a hike in December. We score last week's call, go through the daily and weekly Bitcoin charts, Hyperliquid, and three scenarios for the week.
In this video
00:00 Bitcoin isn't the problem, debt is
00:35 Last week's call, scored
01:08 Bitcoin daily: the $24 that matters
02:10 ETF flows: Wall Street blinked
02:54 Elon's debt warning and Anthropic's IPO
04:24 Brent crude: the second squeeze
05:23 The Fed circus
06:28 Bitcoin weekly: the level I'm watching
07:30 Hyperliquid: the $76 line
07:55 Three scenarios and the midterm pattern
09:36 What I'm doing with my own money
Levels from this episode
Resistance: $82,000, $83,554 (October open), then $84,972
Support: $80,000, $79,146 (24 Oct low), the 50-week average near $75,800 with the 200-day just above
Data as of 27 October 2026. Sources: Yahoo Finance, TradingView, Farside, DefiLlama, CoinGecko, Kalshi, Anthropic's S-1 filing (SEC), Reuters.
Mentioned in this video
BlackRock Just Went Big on Bitcoin. Why Now? (21 Oct): https://youtu.be/raKPmmxtNdA
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Learning Crypto is run by Heidi and Toby, who have covered Bitcoin and self-custody on this channel since 2016. We hold Bitcoin. Nothing here is financial advice and we are not licensed advisors. Markets are volatile, do your own research, and never invest more than you can afford to lose. We will never message you first on any platform; anyone who does is not us.
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