Bitcoin’s $80k test should be decided by the bond market this week

Everyone watching Bitcoin this week is watching the Federal Reserve, while the more important tell may be sitting in the Treasury market, where the 10-year yield has compressed into one of its tightest ranges of the year just as a dense macro calendar opens. Bitcoin’s recovery now rests on renewed institutional inflows and the assumption that liquidity conditions will not tighten again. If Treasuries choose a directi…