Bitcoin: Macro Discount Widens Further

Bitcoin macro discount has expanded, according to André Dragosch, with the gap set to widen further as macro surveys improve and force BTC higher.

Dragosch highlighted that BTC remains compelled to reprice upward in this setup, building on its established role as a direct peer-to-peer payment network independent of traditional banks.

On the 4h chart BTC trades at $71440.98 inside a bearish structure below EMA50 at $74502.84 and EMA200 at $76412.02, with RSI at 23.62 marking oversold conditions and MACD at -544.08 confirming the death cross; price now tests the lower Bollinger support near $72262.58 while upper resistance sits at $74758.29, suggesting a short-term volatility exhaustion that could precede a relief bounce toward the 50-EMA before any sustained continuation.