- U.S. 20-year Treasury yields hit highs of 5.38% and went down reversing the same formation that was in place before significant rallies in Bitcoin occurred previously.
- Historically, Bitcoin has increased 175% in 2023, 60% in 2024, and 48% in 2025 each time the yield declines.
- As Bitcoin approaches 115K, falling yields imply that the next action toward this can take the price above 150K, any time another massive upward spike is seen.
Bitcoin is consolidating just below record levels as U.S. 20-year Treasury yields reverse lower, reviving a pattern that previously triggered large rallies. The market is closely watching if the same setup could now drive Bitcoin beyond $150,000.
Treasury Yields Reverse as Bitcoin Holds Near All-Time Highs
Long-term U.S. Treasury yields recently hit a peak of 5.38% before they began a downturn. Historically, price reversals in U.S. Treasury yields have coincided with some of Bitcoin’s strongest price moves. Lower yields mean cheaper credit, more liquidity and usually cause capital to flow out of bonds and into risk assets.
Crypto analysis platform Bull Theory pointed to previous examples where this pattern preceded sharp gains. In November 2023, yields moved lower, and Bitcoin surged by 175%. In November 2024, the decline matched a 60% rise. By May 2025, a similar reversal was followed by a 48% advance.
At present, Bitcoin trades near $115,000, just 8% below its all-time high. With bond yields beginning to retreat again, the setup mirrors earlier market phases that produced substantial upward momentum. Investors are monitoring whether Bitcoin will follow the established pattern once more.
The correlation between bond yields and Bitcoin performance has strengthened over the past two years. As liquidity conditions improve, risk assets such as Bitcoin have consistently captured fresh demand.
Historical Patterns Suggest Another Bitcoin Breakout
Bull Theory noted through its recent post that every major Bitcoin rally in recent cycles began with long-term yields peaking and reversing. This signal has now reappeared, raising expectations for a potential move to higher price levels.
The consolidation phase around $115,000 could represent a staging ground before another upward push. Previous instances show that once Bitcoin broke past consolidation near prior highs, price momentum accelerated quickly. With market liquidity improving, the possibility of a new rally grows stronger.
The tweet also suggested that Bitcoin’s next potential move could lift prices above $150,000. While projections vary, the historical link between yields and Bitcoin rallies has captured wide attention in both retail and institutional circles.
In the event that yields continue to fall, the market may once again reward Bitcoin as a primary beneficiary of shifts in capital flows. The consistent pattern of macroeconomic and crypto performance explains why investors are keeping an eye on the bond market.
As we find ourselves in familiar ground for breakout structures, Bitcoin’s future will depend heavily on how Treasury yields develop in the months to come.
