Bitcoin: Hotel California Debt Trap Exposed
Bitcoin at $78807.61 faces Hotel California debt trap as long-term debt cycle tightens, with Francis Hunt analysis on BTC exits via gold.
SourceAnalysis
Francis Hunt labels the modern financial system Hotel California debt, a structure that forces perpetual expansion with no clean exits, which explains why markets continue climbing despite deteriorating fundamentals according to the long-term debt cycle breakdown shared by @CryptoMichNL.
Bitcoin trades at $78807.61 inside its Bollinger Bands with upper resistance at $80434.97; the neutral RSI at 61.02 combined with the MACD death cross points to a likely retracement toward EMA50 support at $74258.13 before any sustained move higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast