Bianco: Bonds Accident to Ignite Bitcoin Bull Run

Macro analyst Jim Bianco from @biancoresearch forecasts a major accident in sovereign bonds this summer, positioning it as the pivotal trigger for Bitcoin's (BTC) upcoming bull run. He highlights the U.S. 30-Year Yield surging to 5.03%, a level exceeded only on a few days in the past 19 years, now just 8 basis points shy of a new multi-decade peak. This tension in traditional fixed income markets could funnel capital into crypto, echoing the liquidity shifts we saw in late 2025 when yields spiked and BTC rallied 25% in response.

On the technical front, BTC trades at $81,171.51 in a bullish structure, hugging the EMA50 at $80,533.25 as immediate support while the EMA200 at $76,840.39 anchors longer-term floors. Momentum sits neutral with RSI(14) at 52.89, but the MACD(12,26) death cross at 79.04 signals bearish pressure—watch for a test of the upper Bollinger Band resistance at $82,052.26, where volatility exhaustion often sparks pullbacks to the lower band support of $80,159.75. Confluence here screams caution: price probing that upper band amid neutral RSI suggests a tactical retreat to the EMA50 before resuming the uptrend, especially if bonds blow up and drive safe-haven flows into BTC. This aligns with BTC price prediction models eyeing a breakout, amid risks of crypto market crash if yields spike further, potentially impacting AI industry plays like TAO tied to decentralized compute.