Episode Details

Bitcoin ends April on a cautious note, trading around $76,000, but historically, May has been bullish for BTC. With strong ETF inflows and the S&P 500 near all-time highs, theres potential for upside. However, bond yields are rising, with the U.S. thirty-year Treasury hitting 5%, due to hawkish Fed talk, spiking oil, and inflation fears. Energy markets are volatile, with Brent crude easing to $121 a barrel and WTI at $108. Traders and analysts are divided, with some predicting a range-bound market and others warning of a potential hit to the real economy due to the Iran conflict. Bitcoins fifty-day moving average is set to cross above the one hundred-day, a bullish signal, but it has failed before. The focus is on these crosses and yields, as seasonal tailwinds could potentially overpower macro storms.

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