Bitcoin
Panjang

BTC x YIELDS

21
This is the first time BTC has gone through a halving event where yields have been HIGH.

The past 3 halvings yields were LOW and then slowly rose until there was a local top in yields.

This time is different...

Looks like yields are about to fall of the cliff and reverse down. The DXY is about to fall. Foreign currencies getting bid up.

Frankly IDK if a decline in rates makes it a bullish scenario because what this shows is anytime yields go lower BTC goes into a bear. But based on principles of looser credit in the system with lower yields I think it is likely a very bullish environment for crypto.

I remain bullish and you should too. Trillions in debt need to be rolled over and that cannot happen at high rates or without increased liquidity.

Black - BTC
Black - TLT
Green - US10Y
Vertical Blue - Halvings

Have a good day.


Was using this chart layout to analyze this instead of my usual ocean blue but enjoy the rare lightmode

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.