Bitcoin's price action this week is less about crypto news and more about the macro backdrop. 🌍
📈 The 10-year Treasury yield hit about 5.29%, its highest since 2007
💰 Spot BTC ETF inflows reached about $2.39B this week
🛢️ Oil and geopolitical tension are adding pressure
📅 PCE inflation is out now, and US payrolls land on Friday
$BTC is holding $83K while these catalysts play out. Higher yields usually weigh on risk assets, but steady ETF demand is cushioning the dip. ⚖️
Big data days can mean sharp moves both ways. Keep your leverage low and your stop-losses set. 🛡️
Are you positioning before the data or waiting for the reaction? 👇
#Bitcoin❗ #BTC☀️ #Macro #Binance #BinanceSquare
📈 The 10-year Treasury yield hit about 5.29%, its highest since 2007
💰 Spot BTC ETF inflows reached about $2.39B this week
🛢️ Oil and geopolitical tension are adding pressure
📅 PCE inflation is out now, and US payrolls land on Friday
$BTC is holding $83K while these catalysts play out. Higher yields usually weigh on risk assets, but steady ETF demand is cushioning the dip. ⚖️
Big data days can mean sharp moves both ways. Keep your leverage low and your stop-losses set. 🛡️
Are you positioning before the data or waiting for the reaction? 👇
#Bitcoin❗ #BTC☀️ #Macro #Binance #BinanceSquare