Bitcoin macro analysis — rigorous, sourced, unbiased
Understand why Bitcoin moves — daily macro analysis, without the noise.
Bitcoin Macro Score
Composite across 5 dimensions: liquidity · sentiment · on-chain · geopolitics · momentum
Weekly analysis
Bitcoin tests 82k: Cautious Fed, positive ETF flows, mixed on-chain
## Macroeconomic context for the week Week 43 of 2026 presents a mixed macroeconomic landscape. The S&P 500 exhibits moderate volatility between gains and profit-taking, while the US dollar index (DXY) remains stable around 103-104 (Bloomberg). US 10-year Treasury yields fluctuate between 4.1% and 4.3%, reflecting mixed expectations about the Federal Reserve's next moves (US Treasury). US real G...
| 7-day ETF flows | +$1.24B (Farside Investors) | Positif |
| MVRV ratio | 1.87 (Glassnode) | Neutre |
| 30-day SPX correlation | 0.18 (Bloomberg) | Neutre |
| Network hashrate | 645 EH/s (Glassnode) | Positif |
| Daily active addresses | ~850k stables depuis 3 mois (Glassnode) | Neutre |
| Fed stance | Pause probable décembre (FOMC Minutes) | Positif |
Mid-week update
Week 42 · 2026Bitcoin Dominance at 59.3%: consolidation in high territory
Bitcoin dominance holds steady at 59.3%, reflecting relative stability in capital allocation across the crypto market. This metric, measuring Bitcoin's share of total cryptocurrency market capitalization, remains in historically elevated territory since the previous quarter. Market Context: With a global 24-hour volume of $999.
Daily flashes
2026-10-19Bitcoin consolidates above $82,600 with a 1.23% gain over 24 hours, supported by $22.9 billion in trading volume. BTC dominance remains stable at 60.1%, reflecting relative stability among altcoins. On-chain data shows continued accumulation among long-term holders (CryptoQuant).
Bullish consolidationBitcoin closes European session at 81,966 $ with a modest -0.18% decline from the 82,111 $ opening. Daily volume reaches 30.0 billion dollars as BTC dominance holds steady at 59.2%. A consolidation day without significant movements.
Mild consolidationThematic topics
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