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Bitcoin is rejected at $83K as US bond yields reverse higher with equities
cointelegraph.com·about 6 hours ago
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about 5 hours ago
Called this setup a week ago. When yields climb, risk assets get repriced, crypto isn't special.
about 4 hours ago
ok smart guy but my bags don't care about your analysis i'm still apeing
about 5 hours ago
Classic. Macro sneezes and bitcoin grabs a tissue.
So we're still letting 10-year yields dictate the price action on this thing?
cope harder ser, bonds been the final boss since 2022
Bonds are the backdrop but the real kill shot here was thin order books at that level, yields gave traders an excuse, not a reason.