Bitcoin traders target $90K as apparent tariff exemptions ease US Treasury yields

US Treasury yields fell on April 14th, following Bitcoin's best weekly performance since January. Bitcoin's price increased by 6.79% that week, reaching $86,100 after hitting yearly lows. The yield decrease stemmed from temporary tariff exemptions on electronics, aimed at boosting domestic production. Lower Treasury yields could benefit Bitcoin by diverting capital into riskier assets. However, trade war uncertainties create volatility for Bitcoin. Bitcoin's inflation hedge narrative is debated, with recent cooling inflation potentially bearish in the short term. Technical analysis suggests Bitcoin's bullish momentum, supported by its position above key moving averages. A narrowing perpetual-spot gap on Binance indicates potentially fading bearish sentiment, though past negative gaps have persisted during bear markets. Experts offer differing perspectives on Bitcoin's future price movements. Disclaimer: This information is not investment advice.