🔴 Bitcoin slide below $84,000 shows macro liquidity driving the ship 📉. Rising oil prices drove 30-year Treasury yields to 2002 highs, forcing traders to de-risk before PCE inflation figures print. Higher yields mean tighter capital condition across crypto markets ⚡. Watch bond market reactions following the inflation release for the next directional signal.
Will hot PCE data push Bitcoin deeper into discount territory, or is the yield shock already priced in? 👇
#bitcoin #macro #pce #yields #inflation
Will hot PCE data push Bitcoin deeper into discount territory, or is the yield shock already priced in? 👇
#bitcoin #macro #pce #yields #inflation