The MOVE index, which shows U.S. Treasury bond volatility, has fallen to its lowest level since October 2021
Bitcoin usually moves up with the Nasdaq 100 and moves down when the MOVE index rises
This drop in the MOVE index increases the chances of Bitcoin rallying above $100,000
$BTC has risen about 10% since the start of the year, and many analysts now believe its price could move above $100,000 again. This positive view is supported by calm conditions in the U.S. Treasury bond market, which is at its lowest volatility level since 2021. U.S. Treasury bonds are very important for the global financial system. When bond prices move sharply, investors become cautious and reduce risk in stocks and cryptocurrencies. When bond markets are stable, credit becomes easier and investors are more willing to invest in risk assets like Bitcoin and tech stocks.
The MOVE index, which tracks expected volatility in U.S. Treasury bonds, has dropped to around 58, its lowest since October 2021. Historically, Bitcoin tends to move higher when the MOVE index falls and often follows the Nasdaq 100. This trend supports the bullish case for Bitcoin. However, bond stability is only one factor. ETF inflows also help, while geopolitical tensions and regulatory delays could still create market risks. #BTC100kNext? #StrategyBTCPurchase
