Bitcoin: Dollar Correlation Beats Growth Link

Bitcoin currently tracks the dollar more closely than global growth expectations unlike the S&P 500, according to André Dragosch's macro factor model, which raises the odds of asset decoupling even as monetary policy expectations tighten to 2022 levels.

Price sits at $83990.59 inside the Bollinger Bands with upper resistance at $85166.42 and lower support at $82799.15; the bullish EMA structure holds with EMA50 at $83495.72 and EMA200 at $79165.29, yet the MACD death cross at -135.44 signals fading momentum while RSI at 51.13 stays neutral, pointing to a likely test of the 50-EMA before any continuation higher in this BTC price prediction setup.