Bitcoin: Negative Real Rates Signal Macro Tailwind

Bitcoin receives a structural macro tailwind as the Fed stays on hold while inflation climbs, driving real rates negative in a pattern that has held since 2019 according to André Dragosch.

Price sits at $74288.86 below both the EMA50 at $75591.9 and EMA200 at $76869.1 in a bearish trend structure, yet the MACD golden cross at -740.19 and neutral RSI of 44.89 point to building momentum inside the Bollinger Bands, where a test of upper resistance at $76837.89 remains the next logical target before any deeper move toward lower support at $72088.46.