Bitwise: Bitcoin Macro Hurdle Webinar Set for Nov 4
André Dragosch announced a Bitwise Europe webinar on November 4 featuring Matt Hougan and Bradley Duke to examine Bitcoin’s final macro hurdle using Glassnode data on long-term holders, ETF flows and derivatives positioning amid strained economic conditions.
SourceAnalysis
Bitwise Europe’s André Dragosch confirmed the November 4 webinar titled “Bitcoin’s Final Macro Hurdle” with Matt Hougan and Bradley Duke, focusing on persistent economic pressure, fading AI leadership and rising rate impacts on housing and banks while incorporating live Glassnode metrics on long-term holder behavior, average entry prices of recent buyers, ETF inflows and derivatives positioning.
Bitcoin trades at $77822.49 beneath both the 50-EMA at $78661.22 and the 200-EMA at $80915.18, confirming the bearish structure, yet the MACD golden cross at -429.91 signals building momentum; with price pressing the upper Bollinger Band at $78659.73 and RSI neutral at 48.87, the market faces immediate resistance at the 50-EMA confluence before any extension toward the lower band support at $76645.43.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.