If U.S. Treasury Yields Soar Above 5%, Will Bitcoin Fall Below $50,000?
An article explores the potential impact of rising U.S. Treasury yields above 5% on Bitcoin's price, suggesting it could fall below $50,000. The analysis is prompted by the recent U.S.-Israel conflict with Iran, which has driven oil prices higher and fueled inflation fears, pushing bond yields up. Historically, prolonged oil-related conflicts lead to sustained yield increases and pressure on risk assets like stocks. Given Bitcoin's high correlation with the S&P 500, similar downward pressure is expected. Technical analysis indicates a bearish flag pattern for Bitcoin, with a break below it potentially leading to a drop to $50,000 or lower. Prediction markets also show a high probability of Bitcoin falling below $55,000 in 2026. However, BitMEX co-founder Arthur Hayes notes that prolonged conflict might force the Fed to print more money, which could ultimately benefit Bitcoin.
marsbit03/25 09:36