Bitcoin: Podcast Tackles Bear Market Leverage Issues

Bitcoin remains trapped in its 2026 bear phase as Charles Edwards (@caprioleio) detailed in the latest Less Noise More Signal episode, citing AI siphoning institutional flows, mounting DAT treasury leverage and MSTR balance-sheet mechanics now mirroring Terra-Luna dynamics.

Price action at $61596.21 sits inside Bollinger bands with upper resistance at $62394.16 while the 50-EMA at $60656.43 continues to act as dynamic support; the MACD golden cross at 420.11 keeps the broader structure bullish yet RSI at 60.46 shows no overbought exhaustion, suggesting any push toward the upper band will likely meet selling before a clean retest of the 200-EMA at $64870.31.