Bitcoin Bears Tighten Their Grip, Can the $60,000 Defense Line Hold? | Guest Analysis | Bee Network
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Original Compilation: AiddiaoJP, Foresight News Bitcoin has been one of the strongest-performing assets during the US-Iran war. However, as the bond market shows signs of being “out of control,” Bitcoin’s upward momentum is beginning to show signs of exhaustion. Key Takeaways: If the US-Iran war prolongs, the yield on the US benchmark Treasury could rise by 200 basis points. Historical experience suggests that oil-related conflicts tend to push up inflation and suppress risk appetite. Based on this, Bitcoin’s price could potentially fall below $50,000 in 2026. Oil Supply Shock Could Push US Treasury Yields Above 5% Since the US and Israel launched attacks on Iran on February 28, the yield on the benchmark 10-year US Treasury has climbed to around 4.42%, reaching a nine-month high. Monthly performance of US 2-year,…# Analysis# bitcoin# MarketPre
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- Building on this, this week’s report will further deconstruct the current price structure, update market forecasts and operational plans, and provide a complete review of last week’s tr...