Bitcoin Set for Upside as COVID-19–Era Macro Stimulus Drives Growth Through 2026

BTC

BTC/USDT

$71,336.87

-6.79%

$71,336.87

-6.79%

(24s)

24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short

77.9%

Long: 77.9%Short: 22.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$70,942.95

▼ -3.04%

Volume (24h): -

Resistance Levels

Resistance 3$76,971.52

Resistance 2$74,594.61

Resistance 1$71,474.71

Price$70,942.95

Support 1$70,140.00

Support 2$66,407.06

Support 3$58,306.99

Pivot (PP):$71,474.71

Trend:Downtrend

RSI (14):20.9

COINOTAG News, November 29, citing Cointelegraph, notes that Bitcoin is operating under a macro environment reminiscent of the COVID-19 era, according to André Dragosch, a researcher with Bitwise.

Analysts point to the scale of prior monetary stimulus as a driver for renewed global growth, suggesting a sustained growth momentum that could extend through 2026. In this framework, Bitcoin’s current price action appears to diverge from the evolving macro outlook, indicating Bitcoin upside potential for prudent investors while anchored in credible reporting from Cointelegraph.

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