Macro Headwinds Block BTC Rally

"A stronger US dollar and lower oil prices increased headwinds for Bitcoin, which often trades like a non-yielding asset during risk and rate repricing cycles. Historically, that kind of move can be a tailwind for the dollar and a headwind for Bitcoin, particularly when investors treat BTC as an inflation-sensitive alternative rather than a pure risk-on asset."

"Le acknowledged the broader headwinds, citing three macro forces pressuring Bitcoin: uncertainty around the Federal Reserve’s interest rate path, two ongoing global wars, and a lack of regulatory clarity from Congress on pending crypto legislation."

"Macro headwinds—ranging from rate expectations to FX and geopolitical tensions—continue to shadow bitcoin’s risk-on narrative."

"Bitcoin’s drop back to pre‑election levels suggests political tailwinds alone cannot sustain long‑term price momentum."

"Billionaire investor Mark Cuban, once a vocal supporter of Bitcoin as a hedge against inflation, has reportedly sold most of his Bitcoin holdings."

"Bitcoin’s bear run may persist through early 2027, warned CEO of CryptoQuant Ki Young Ju. For this, he cited on-chain data that suggests a longer bear market ahead."

"Bitcoin's rejection above $83,000 has compounded a pattern of lower highs stretching back to October."

"Kalshi traders price BTC reclaiming $100,000 this year, at below 34%, undercutting the bull thesis behind Saylor’s playbook."

"The moving average picture remains bearish at the macro level. The 50-day SMA at $77,161 sits below the 200-day SMA at $79,974, keeping the death cross from November 2025 active."

"Prediction market users think it's more and more likely that Bitcoin will dip below $70,000 before May ends as the top crypto asset continues its weekly slide."