{"id":63718,"date":"2026-07-29T07:17:03","date_gmt":"2026-07-29T07:17:03","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=63718"},"modified":"2026-07-29T07:18:45","modified_gmt":"2026-07-29T07:18:45","slug":"bitcoin-struggles-at-70000-but-the-bond-market-is-opening-the-path-to-a-deeper-decline","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-struggles-at-70000-but-the-bond-market-is-opening-the-path-to-a-deeper-decline\/","title":{"rendered":"Bitcoin Struggles at $70,000. But the Bond Market Is Opening the Path to a Deeper Decline"},"content":{"rendered":"\n

Bitcoin continues to hold above the $64,000 threshold and maintains room for further growth from a technical perspective. However, weak trader activity, the development of previous cycles, and high real yields on U.S. bonds warn that another wave of sell-offs may come before a genuine reversal.<\/strong><\/p>\n\n\n\n

Don’t miss: Binance seeks new MiCA license in the EU<\/a><\/h3>\n\n\n\n

Growth scenario still stands on uncertain foundations<\/h2>\n\n\n\n

Bitcoin’s price<\/a> has bounced off the upper part of the descending channel and its development is beginning to resemble an accumulation scheme according to Wyckoff theory. If the market maintains its current direction, it could test the $70,000 level during the summer. However, further progress would be complicated by resistance zones near $75,000 and $82,500.<\/p>\n\n\n\n

The current growth also lacks stronger support from trading volumes. Wyckoff’s structure often includes a short but sharp decline before transitioning to a new bullish trend, which pushes impatient investors out of the market. In such a case, bitcoin<\/a> could approach the $52,000 area and only then begin a more stable recovery.<\/p>\n\n\n\n

Read more: Anycoin review<\/a><\/h3>\n\n\n\n

Whales losing profit, capital attracted by safer assets<\/h2>\n\n\n\n

Addresses holding approximately 100 to 1,000 bitcoins briefly entered unrealized losses according to CryptoQuant data. Similar situations have appeared in the final stages of bear markets<\/a> in the past. However, this time it lasted too briefly to mark the current price as a definitive bottom.<\/p>\n\n\n\n

According to Bloomberg<\/a> data, real yields on thirty-year U.S. inflation-protected bonds approached three percent, the highest level since the financial crisis. More attractive yields on safer instruments may limit interest in stocks, gold, and cryptocurrencies. Bitcoin may therefore first undergo a deeper correction before conditions for a new growth trend are established by the end of the year.<\/p>\n\n\n\n

Don’t overlook: <\/a>BITmarkets.com: Crypto exchange review that rewrites the rules<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Bitcoin continues to hold above the $64,000 threshold and maintains room for further growth from a technical perspective. However, weak trader activity, the development of previous cycles, and high real yields on U.S. bonds warn that another wave of sell-offs may come before a genuine reversal. Don’t miss: Binance seeks new MiCA license in the […]<\/p>\n","protected":false},"author":7,"featured_media":63710,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162,15],"tags":[18,22,16],"class_list":["post-63718","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","category-kryptomeny","tag-bitcoin","tag-krypto","tag-kryptomeny"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t