๐จU.S. Yields Are Putting Pressure on Bitcoin
BTC is hovering around $83K, while the U.S. 10Y Treasury yield recently hit 5.293% โ its highest level since 2007.
Higher yields + a firm dollar = tougher conditions for risk assets.
Now the key question: Can BTC hold the $83K zone if yields stay elevated?
Iโm watching Treasury yields, the USD and U.S. macro data closely for the next major move.
Trade โก๏ธ$BTC
โก๏ธ $MOVR
โก๏ธ $ARK
#BitwiseLaunchesFirstSpotNEARETF #CEARenamesToBNBStandardUnderBNC #OpenAIUnveilsAlwaysOnAgentDots #EarningsSeason
BTC is hovering around $83K, while the U.S. 10Y Treasury yield recently hit 5.293% โ its highest level since 2007.
Higher yields + a firm dollar = tougher conditions for risk assets.
Now the key question: Can BTC hold the $83K zone if yields stay elevated?
Iโm watching Treasury yields, the USD and U.S. macro data closely for the next major move.
Trade โก๏ธ$BTC
โก๏ธ $MOVR
โก๏ธ $ARK
#BitwiseLaunchesFirstSpotNEARETF #CEARenamesToBNBStandardUnderBNC #OpenAIUnveilsAlwaysOnAgentDots #EarningsSeason
