QCP: Rising US yields pressure Bitcoin ahead of CPI data

QCP reported that Bitcoin is facing downward pressure as 10-year US Treasury yields approach 5%, weakening the narrative of liquidity support. Bitcoin has retreated to approximately $77,000. QCP suggests that tonight's CPI data will be critical; a lower-than-expected reading could push Bitcoin toward the $80,000–$82,000 resistance, while hotter data could lead to a decline toward the $74,000–$75,000 support zone.