The Macro Conditions For Bitcoin In 2026: Analyst Breaks Them Down

Macro trader plur daddy (@plur_daddy) argues bitcoin’s 2026 setup is less about crypto-specific catalysts and more about whether US liquidity conditions normalize after what he described as an unusually tight few months for risk.
His central claim is that repo “plumbing” has been strained by a shortage of bank reserves as leverage in the economy grew faster than the Fed’s balance sheet, and that the resulting stress showed up in broader markets — “very choppy