Bitcoin: Bitwise Macro Report Flags Policy Pivot

Bitcoin macro investor André Dragosch shared alpha from the latest Bitwise monthly report covering critical macro and on-chain developments for BTC.

The update titled From Perfect Storm to Policy Pivot examines Bitcoin macro policy pivot drivers and Bitcoin on-chain metrics historical analysis through mid-2026, building on the prior twelve months of network data.

Price action on the 4h chart shows BTC trading at $61964.7 inside the Bollinger Bands with upper resistance at $62915.48; the bullish MACD golden cross at 524.36 and neutral RSI at 62.55 keep the structure above the EMA50 support of $60765.44 while the EMA200 at $64798.68 caps upside, suggesting continuation toward the upper band before any deeper pullback.