Bitcoin: Yield Shift Introduces Counterparty Risks

Bitcoin is shifting from a passive store of value into yield generation via private credit and treasuries, drawing traditional capital while reintroducing counterparty risk and institutional trust, according to @julian2kwan.

Price action on the 4h chart shows BTC trading inside Bollinger Bands with upper resistance at $78183.7 and lower support at $75401.25; the bearish structure holds below EMA50 at $77211.53 and EMA200 at $77333.01 despite the MACD golden cross at 45.52, while RSI at 48.12 leaves room for a test of the 50-EMA before any continuation.