Bitcoin: 2026 Crypto Path Faces Macro Headwinds

Vanessa Grellet outlined in @Money how Bitcoin’s rally and the broader crypto path through 2026 hinge on deleveraging rather than simple price action, with higher rates, tariffs, Iran war risks and capital rotation into the AI industry impact slowing any rebound while TradFi enters cautiously.

Bitcoin trades at $78829.49 inside its Bollinger Bands, pressing the upper resistance at $80634.76 while the 50-EMA support sits at $74942.08 and the 200-EMA at $68341.99; with RSI(14) neutral at 59.72 yet MACD showing a death cross, price action points to a measured pullback toward the 50-EMA before any continuation higher amid the ongoing crypto market crash recovery narrative.