Bitcoin now has a 5% competitor. The US 10Y hit 5.12%, its highest since 2007, as BTC pulled back from ~$87K to ~$84K. Higher yields raise the hurdle for non yielding assets and leverage. But BTC’s 90 day correlation with the 10Y is only -0.18. Headwind, not destiny. $BTC #BTC Price Analysis# #Macro Insights# #BTC #Bitcoin