QE Lite, Rising Yields & Bitcoin’s Final Bear Market Test

Bitcoin may be entering the final stretch of the bear market, but macro risks are starting to build. Mike and Ryan break down the Treasury’s new “QE Lite” play, why 30-year yields are breaking to 20-year highs, and how intervention in the yen could ripple across global markets. They also cover gold’s latest surge, Bitcoin’s key cycle levels, and whether one final risk-off move could send BTC toward deep value territory before the next expansion.----🎯THE DEFI REPORT | FOLLOW & SUBSCRIBEhttps://thedefireport.cc/tdr-rsshttps://thedefireport.io/friendshttps://thedefireport.transistor.fm/https://x.com/the_defi_reporthttps://x.com/JustDeauIt----TIMESTAMPS0:00 Intro0:14 Bear Market Finale Setup3:33 On-Chain Cohorts & Capitulation10:09 Weak Volumes, Miner Selling13:30 Inflation, Yen, & Gold17:53 Treasury Yields Break Higher26:04 Yen And Nasdaq Divergence32:11 Bitcoin Price Scenarios Ahead38:20 Pump Thesis & Cycle Upside----Not financial or tax advice. For educational purposes only.