May to July could be prime time for BTC accumulation, analysis suggests

The period from May to July may be an opportune time to accumulate Bitcoin, according to a Cointelegraph analysis. The report notes that while rising government bond yields typically increase corporate interest burdens and widen credit spreads, these spreads are currently remaining low. This suggests that investors may be underestimating the risk of corporate defaults. Historically, during the 2018, 2020, and 2022 cycles, Bitcoin's true bottom occurred three to six months after credit spreads began to widen significantly. The outlet explained that rising U.S. Treasury yields are likely to pressure the credit market, potentially pushing spreads to between 1.5% and 2% by April.