Bitcoin’s Current Struggles

While Bitcoin has been experiencing challenging times recently, investors are left pondering whether the decline will persist and when a potential rise might begin.

However, the outlook for BTC appears bleak. Analysts suggest that the downward trend may continue, influenced by rising Japanese bond yields, which are at their highest since 2008, thereby increasing the risk for BTC.

At this juncture, experts note that the surge in Japanese bond yields and the looming possibility of the Bank of Japan increasing interest rates have raised concerns about a significant correction in Bitcoin’s value.

This rise in bond yields, paired with ongoing geopolitical and economic uncertainties, escalating tariff wars, and the Federal Reserve’s cautious approach towards rate cuts in 2025, contribute to the potential decline of Bitcoin.

In an interview with Coindesk, BTSE Chief Operating Officer Jeff Mei expressed that Bitcoin might drop to the $70,000-$80,000 range in the near future, stating:

> “We believe geopolitical and economic uncertainty is causing institutions to reduce their cryptocurrency holdings.
> Bitcoin could fall to the $70,000-80,000 range in the coming weeks.”
> “Only when this tariff war concludes and the Fed reduces interest rates will Bitcoin be poised for new all-time highs.”

This is not investment advice.