The 10Y Treasury yield moving above 5% is making the macro backdrop harder to ignore.
Higher yields can tighten financial conditions, affect stock valuations, change the risk/reward around $BTC and increase gold’s opportunity cost, while potentially supporting the dollar.
I’m watching these relationships together rather than betting on one simple outcome.
The charts are open on BingX as I adjust my strategy around the bigger picture.
#Bitcoin #Macro #Crypto
Higher yields can tighten financial conditions, affect stock valuations, change the risk/reward around $BTC and increase gold’s opportunity cost, while potentially supporting the dollar.
I’m watching these relationships together rather than betting on one simple outcome.
The charts are open on BingX as I adjust my strategy around the bigger picture.
#Bitcoin #Macro #Crypto
