Bitcoin: Japanese Carry Trade Unwind Lifts Yields

Bitcoin gains ground as the Japanese yen carry trade unwind forces 10yr JGBs to yield roughly 50 bps more than JPY-hedged 10yr US Treasuries, driving Treasury yields higher while fiat bond markets crack.

With BTC priced at $76725.97 on the 4h chart inside a bearish structure below the EMA50 at $79126.03 and MACD at -781.52 printing a death cross, neutral RSI at 31.63 and price action within the Bollinger bands point to a likely test of lower support near $76383.02 before any sustained move higher, underscoring Bitcoin duration risk versus government bonds and supporting fresh BTC price prediction models for 2026.