Bitcoin: JGB Yield Gap Pushes Treasury Rates Higher

Bitcoin draws fresh attention as 10yr JGBs now deliver roughly 50 bps more yield than JPY-hedged 10yr US Treasury bonds, forcing Treasury yields higher while fiat bond markets crack according to André Dragosch.

Price action on the 4h chart shows BTC at $76796.59 trading inside the Bollinger Bands with the lower support at $76398.45 and upper resistance at $80098.85; the EMA50 at $79128.8 caps upside while the EMA200 at $77379.32 and MACD death cross at -775.88 reinforce the bearish trend structure, suggesting a probable retest of lower-band support before any sustained recovery in this BTC price prediction environment.