Jack Yi: Bitcoin could fall to $75,000 if $79,000 support breaks

In short

• Jack Yi of LD Capital said on 26 October 2026 that Bitcoin could test $75,000 then $71,000 if it breaks below $79,000.
• InvestIn.News reviewed a 4 October post by Yi that had already listed the same support levels.
• Bitcoin traded at $79,813, down 1.17% in 24 hours, at 04:05 UTC on 26 October, according to InvestIn.News market data.
• Peter Schiff and Michaël van de Poppe also see $75,000 as a possible next support, and Wintermute flags the 28 October FOMC meeting.

Jack Yi's $75,000 support call

Jack Yi, founder of the crypto-focused investment firm LD Capital, wrote in a post on X on 26 October 2026 that Bitcoin could slide to $75,000 and then to $71,000 once it loses its $79,000 footing, as TokenPost and CoinNess reported. InvestIn.News reviewed a 4 October post by Yi that already named the same support levels. Yi has spent the past month warning that a Bitcoin correction was possible.

Yi said Bitcoin had given up its $82,000 and $80,000 support levels and was nearing $79,000. If that level also fails, he expects support at $75,000 next, followed by $71,000. He repeated that the $57,000 low seen earlier is still the bottom of this bear market. Yi said timing a dip purchase is hard, and his attention has turned to finding cheaper entry points.

Where Bitcoin traded on Monday

At the time of writing (04:05 UTC on 26 October 2026), Bitcoin (BTC) traded at $79,813, down 1.17% in 24 hours, with a market value of $1.6tn, according to InvestIn.News market data. Earlier on Monday, TokenPost reported Bitcoin at $79,542, down 1.53% over 24 hours, still above the $79,000 level. Total crypto market value was $2.62tn, down 1.46% in 24 hours.

What other analysts are watching

Other analysts are watching similar levels. Peter Schiff said on 25 October that Bitcoin had fallen below $80,000 and its next target was likely $75,000, adding that ETF investors could not sell until Monday if the level failed, PANews reported. Michaël van de Poppe said on 25 October that holding $80,000 is key and a failure could see Bitcoin retest its recent low and drop below $75,000, according to CoinNess. On 20 October, market maker Wintermute said Bitcoin could fall to the low $70,000s if it decisively broke below $82,500, and flagged the 28 October Federal Open Market Committee meeting as a possible catalyst, according to CoinNess.

What X users said about the call

Users on X were divided, in comments translated from Chinese. 悦悦 said the closer traders get to a hoped-for dip, the more likely markets are to grind sideways. Canjian said midterm election periods rarely bring good conditions. 恐龙博士 said a break below $79,000 seemed only a matter of time. Ghostface8m said no one can control whether Bitcoin falls below $57,000. I love puppies praised the discipline of missing trades over making bad ones, and Taran asked why Yi was telling people to focus on buying opportunities while giving no timing answer.

FOMC meeting on 28 October

The next scheduled event on the macro calendar is the Federal Open Market Committee meeting on 28 October 2026, which Wintermute called a possible catalyst for Bitcoin. Yi said he could not time a dip purchase, but his focus had shifted to looking for low-price entry opportunities as conditions change.

Questions readers ask

What support levels did Jack Yi name for Bitcoin?

Jack Yi said on 26 October 2026 that if Bitcoin breaks below $79,000, it could test $75,000 and then $71,000. He added that $57,000, recorded earlier, remains the bottom of the current bear market. The call was reported by TokenPost and CoinNess.

Where did Bitcoin trade on 26 October 2026?

At 04:05 UTC on 26 October 2026, Bitcoin traded at $79,813, down 1.17% in 24 hours, with a market value of $1.6tn, according to InvestIn.News market data. Earlier, TokenPost reported Bitcoin at $79,542, down 1.53%.

Our view

At InvestIn.News, we think Jack Yi's $75,000 support call deserves attention because he has been mostly right about the market falling over the past month. If Bitcoin breaks below $79,000, we see $75,000 as the level most likely to be tested next, though this remains one analyst's view rather than a certainty.

Yi's 4 October post already named the same three levels, and his cautious approach has been consistent. Other market voices point in a similar direction, which gives the call some support, but support levels are not confirmed moves. The clearest confirmation would be a daily close below $79,000, which would make $75,000 the next obvious focus. A close back above $82,000 would weaken the downside case.

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Keshav Aggarwal

What to watch: The next scheduled event is the Federal Open Market Committee meeting on 28 October 2026, which Wintermute called a possible catalyst.