Bitcoin (BTC) is holding its ground within the $80,000–$85,000 range near $81,000, and an analyst at Bitbank, a Japan-based cryptocurrency exchange, expects the range to hold into the upcoming Federal Open Market Committee (FOMC) meeting, according to a COINOTAG update published on October 25, 2026.

The FOMC is the policy-making body of the United States Federal Reserve, responsible for setting the federal funds rate. Its meetings are closely watched by digital-asset traders, as shifts in U.S. monetary policy affect liquidity conditions across global financial markets — a backdrop that makes the upcoming gathering the reference point for the analyst's range call.

Per the 07:58 UTC update, the pullback came as the weekend slide forced leveraged positions out of the market. More than $810 million in positions were liquidated over 24 hours, of which about $689 million were longs, per CoinGlass data cited in the report. Long positions therefore accounted for roughly 85% of the liquidation total, meaning traders positioned for higher prices bore the brunt of the flush.

Those figures follow standard mechanics in cryptocurrency derivatives markets, where liquidations occur when exchanges forcibly close leveraged positions after price moves erode a trader's margin. Clusters of forced closures can amplify short-term price swings, a dynamic consistent with the weekend slide described in the report.

With long positions making up the bulk of the weekend's liquidations and the FOMC meeting serving as the analyst's stated checkpoint, the $80,000–$85,000 band highlighted in the report is the near-term level to watch.

This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-btc-range-holds-near-81k-bitbank-analyst-fomc