Bitcoin

The yield curve scares me

218
This could be a disaster. The stock market crashes in the past started when the 2y and 10y yields re invert from negative to positive territory. I checked when the bottoms of the indexes came in the past and it was when they re inverted to 2.3%. We are far far away from the bottom if history repeats. This is the only thing that worries me when it comes to crypto. This could be an abnormal cycle where the financial markets crash. Crypto is no longer isolated from the stock market and it can go down the train along with the stock market. Could you imagine what would happen to crypto if SPY was to go town 30% from here. BTC could easily go sub 10k and alts can all be down 98 - 99%. And all the crypto people that beleive in the 4 year cycle could get trapped and lose everything they made in this 10y crypto bull run. The bond market signals are not to be ignored. This is not like looking at MACD and Stockastics. Most crypto people dont know what an yield curve is or what it means. Even if they do they dont care. That is scary.

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