Source: Cointelegraph/TradingView“A fresh wave of volatility is gripping Japanese fixed income markets as 30-year Japanese Government Bond (JGB) yields surge past 3%, breaching historic levels and unsettling global investors,” trading firm QCP Capital commented on the issue in its latest bulletin to Telegram channel subscribers.“Japan’s ballooning debt situation has long been a simmering concern, but it is now reaching a boiling point.”On Bitcoin, QCP suggested that recent gains had been fueled by corporate accumulation, while breaking all-time highs could reawaken retail interest.“Price action appears closely tied to treasury accumulation by Strategy and Metaplanet, who remain the headline buyers at current levels.
Source: Aksel Kibar/X“Despite relentless macro headwinds including surging bond yields, tariff escalations and mounting stagflation risks in the US for Q3 and Q4, BTC has demonstrated remarkable resilience over the past month,” QCP concluded. “That said, a breakout to new highs could ignite a fresh wave of FOMO, dragging in sidelined retail capital and pushing prices even higher.”This article does not contain investment advice or recommendations.
There is growing concern that these entities may represent the last of the marginal bid, particularly with BTC hovering near ATHs,” it continued. “A slowdown in their buying could trigger profit-taking from other market participants and potentially reverse the prevailing uptrend.”BTC price trend strength flashes warningElsewhere, concerns over trend strength came from the BTC/USD chart itself.
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Author / Journalist: Cointelegraph by William Suberg
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