Bitcoin Accumulation Period Predicted Amid Credit Spread Dynamics

A recent analysis suggests that the months from May to July could serve as an accumulation period for Bitcoin, based on historical patterns associated with credit spread dynamics. According to NS3.AI, despite the increase in government bond yields, credit spreads remain low, which might imply that corporate default risks are being underestimated. Historical cycles indicate that Bitcoin tends to reach its lowest points three to six months after a notable widening of credit spreads.