Thanks to THIS macro signal, Bitcoin’s ATH case just got stronger!

Key Points

1. Bitcoin has rallied nearly 10% from the $109k zone, with its wick hitting $122,056, indicating strong underlying bid support.

2. June’s macro data, set to release on 15 July, is expected to bring volatility, with Bloomberg projecting a 0.3% rise in core CPI, the largest month-over-month increase in five months.

3. Bitcoin’s 12% weekly gains may signal a market shift, as it defies broader macro stresses like renewed tariff threats, with macro FUD potentially fueling the rally instead of derailing it.

4. Trump’s 'Big Beautiful Bill,' passed on 03 July, aligns with a $15,000 jump in BTC, as fiscal policies drive capital out of bonds and into risk assets like Bitcoin.

5. The 10-year Treasury yield hit 4.43%, a monthly high, reflecting investor risk reassessment and a fiscal squeeze that is driving capital into Bitcoin.