📈 Bitcoin hovers near a critical resistance level as macroeconomic warnings intensify.

Ray Dalio recently shared a stark assessment following the passage of Trump’s $7 trillion budget bill, projecting a surge in U.S. debt to 130% of GDP within the next decade. With potential consequences like unsustainable interest payments and increased money printing, investors are re-evaluating traditional safe havens.

Meanwhile, Bitcoin (BTCUSDT) is testing the $110K resistance level, backed by strengthening momentum indicators. The MACD continues to rise with a widening histogram, while RSI remains in bullish territory but not yet overbought. Both the 9- and 20-day EMAs are trending upward, suggesting bullish continuation—if price can break through current resistance.

Traders are watching for a decisive move: a breakout above $110,274 could open the door to $111,696, while rejection may lead to a pullback toward $104K or lower.

⚖️ As fiscal pressure builds, Bitcoin’s role as a macro hedge is once again in the spotlight.

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