Bitcoin Could Test $118,000 as Falling High‑Yield Bond Yields, MVRV and Open Interest Signal Lower Sell Pressure
The post Bitcoin Could Test $118,000 as Falling High‑Yield Bond Yields, MVRV and Open Interest Signal Lower Sell Pressure appeared on BitcoinEthereumNews.com. Bitcoin price outlook: Bitcoin shows bullish signals as falling high‑yield bond yields, an MVRV near 2.2, and concentrated liquidation clusters between $114K–$118K point to reduced selling pressure and a possible short‑squeeze toward $118,000 over the short term. Falling high‑yield bond yields point to improved risk appetite for Bitcoin. Market indicators (MVRV 2.2, NUPL 0.523) indicate modest realized profits and lower near‑term sell pressure. Derivatives data (Open Interest $83.62B, funding 0.0091%) and heatmap clusters suggest a short squeeze path to $118,000. Bitcoin price outlook: Bullish signals from bond yields and on‑chain metrics; watch $114K–$118K clusters for breakout — read expert analysis and next steps. What is the Bitcoin price outlook right now? Bitcoin price outlook currently reflects easing credit stress and steady investor appetite: falling high‑yield bond yields and on‑chain metrics show reduced selling pressure, while derivatives heatmaps point to clustered liquidation levels that could trigger a short squeeze toward $118,000 if momentum persists. How do bond yields affect Bitcoin? High‑yield bond yields (ICE BofA US High Yield Index) act as a proxy for credit risk and risk‑on appetite. Historically, falling yields indicate easing credit stress and reallocation into higher‑risk assets like Bitcoin. Recent yield declines corresponded with BTC reclaiming $116,000 on 15 September, supporting upside momentum. Source: Alphractal (plain text). ‘, ‘
The post Bitcoin Could Test $118,000 as Falling High‑Yield Bond Yields, MVRV and Open Interest Signal Lower Sell Pressure appeared on BitcoinEthereumNews.com.
Bitcoin price outlook: Bitcoin shows bullish signals as falling high‑yield bond yields, an MVRV near 2.2, and concentrated liquidation clusters between $114K–$118K point to reduced selling pressure and a possible short‑squeeze toward $118,000 over the short term. Falling high‑yield bond yields point to improved risk appetite for Bitcoin. Market indicators (MVRV 2.2, NUPL 0.523) indicate modest realized profits and lower near‑term sell pressure. Derivatives data (Open Interest $83.62B, funding 0.0091%) and heatmap clusters suggest a short squeeze path to $118,000. Bitcoin price outlook: Bullish signals from bond yields and on‑chain metrics; watch $114K–$118K clusters for breakout — read expert analysis and next steps. What is the Bitcoin price outlook right now? Bitcoin price outlook currently reflects easing credit stress and steady investor appetite: falling high‑yield bond yields and on‑chain metrics show reduced selling pressure, while derivatives heatmaps point to clustered liquidation levels that could trigger a short squeeze toward $118,000 if momentum persists. How do bond yields affect Bitcoin? High‑yield bond yields (ICE BofA US High Yield Index) act as a proxy for credit risk and risk‑on appetite. Historically, falling yields indicate easing credit stress and reallocation into higher‑risk assets like Bitcoin. Recent yield declines corresponded with BTC reclaiming $116,000 on 15 September, supporting upside momentum. Source: Alphractal (plain text). ‘, ‘
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