Bitcoin: Business Cycle Turn Fuels Altcoin Moves

Bitcoin and altcoins stand to benefit as the business cycle exits a four-year downtrend that mirrors the prolonged Ethereum versus BTC bear market. Gold vertical moves, rising oil prices and firm yields point to an approaching regime switch, reinforced by the copper versus gold breakout and expectations for a new Fed chairman plus CLARITY Act passage.

Technically, ETH at $2142.08 sits inside its Bollinger Bands with lower support at $2106.54 while EMA50 resistance at $2231.52 and EMA200 at $2262.49 cap upside; the MACD death cross at -34.08 keeps momentum bearish yet RSI at 33.12 leaves room for a measured rebound once risk appetite returns, aligning with the 14-month Bitcoin versus gold ratio bottom printed in February.