Bloomberg's Senior Analyst McGlone shared his views on the fact that the US Treasury's two-year bond yields approaching 5%, the economic crisis and Bitcoin's highs could face a long-term decline. According to McGlone, this rise could be compelling for BTC and other risky assets produced as a digital alternative to gold. The analyst noted that Bitcoin has a bearish pattern similar to past US stock market declines. According to McGlone, although BTC is a technological innovation that emerged in the aftermath of the financial crisis, it is possible to experience a long retracement period. While BTC is attractive, factors such as the high yields of the world's safe securities and the suppression of risky assets may affect the digital version of gold. According to McGlone, rising US Treasury bond yields could be a negative sign for risky assets.