Analysis firm Fundstrat predicts a potential 30% move for Bitcoin, with 30-day volatility near its lowest historical levels. According to Fundstrat’s historical analysis, four comparable periods saw BTC rise while four others recorded declines, highlighting uncertainty over the direction of the move. Rising U.S. 10-year Treasury yields, currently at their highest levels in months, could weigh on the attractiveness of risk assets like Bitcoin. Fundstrat co-founder Tom Lee indicated that stable yields and falling oil prices could nonetheless provide a more favorable context for BTC before its next trend.
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