Bitcoin: Rebounds Toward $64K on Yen Carry Trade Relief

Bitcoin pushed back toward $64461.82 after Japanese government bond yields reversed sharply and reduced immediate risks of a disorderly yen-funded carry trade unwind. The move offered brief relief to global liquidity conditions while Japan's bond market stays a focal macro risk before the Bank of Japan meeting this month. On the 4h chart BTC trades inside the Bollinger band with price testing upper resistance at $64527.99 while the RSI at 64.77 remains neutral and the MACD golden cross at 310.54 keeps the bullish structure intact above the EMA50 support at $62645.05; institutional desks view any pullback to that level as a healthy reset before continuation rather than a reversal signal. BTC price prediction models now factor the yen carry trade unwind as the dominant near-term driver over the past six months of liquidity swings.