U.S. 10-Year Treasury Yield Could Hit 6% As Chart Pattern Mirrors Bitcoin's 2024 Bull Run | BTC Analysis

Technical analysts are observing a significant chart pattern in the U.S. 10-Year Treasury yield that closely resembles Bitcoin's bullish setup from early 2024. This pattern suggests the 10-year yield could potentially surge towards 6%, mirroring the explosive price movement seen in Bitcoin (BTC). The parallel between traditional bond markets and cryptocurrency technical analysis highlights growing intermarket correlations. This development is particularly relevant for investors monitoring both fixed income securities and digital assets like Bitcoin, as similar chart formations previously preceded major price breakouts in the crypto market.