Bond Yields Spook Soloway: Bitcoin's Fate Hangs in Balance

Gareth Soloway has sounded a warning to Bitcoin investors regarding shifts in bond yields. He appeared on Altcoin Daily, highlighting the potential impact on BTC's price.

Soloway emphasized that he is questioning whether the current move marks a new bull market for Bitcoin. He laid out price prediction targets through year-end and 2028, but stopped short of making a definitive statement about a new bull run.

The technical analysis paints a mixed picture, with the MACD golden cross at -370.38 indicating building momentum, yet the RSI at 42.27 remaining neutral. The price action on the 4h chart has BTC trading inside a bearish structure, with EMA50 resistance at $78094.03 and EMA200 support at $74221.38.