Yield Curve

in yield •  17 days ago  (edited)

The yields are quite inverted at this point.

2640A47A-CD62-4135-B43E-681DFFF820F9.jpeg

Normally this means a recession is very likely before us.

Together with the current trade and currency wars going on this could mean fireworks.

We live in interesting times.

Bitcoin is also in an interesting spot. It has been able to grow from nothing to big enough that quite a few people see its potential. It will be very interesting how bitcoin will perform during a time of low liquidity, where all assets lose value.

Another interesting aspect of the coming recession will be how much people will believe in its capabilities and thus replace existing infrastructure and move part of their economic activity and wealth into bitcoin or other cryptocurrencies.

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Here is when the experiment goes full circle! I will feel better having some during the times of volatility to come. Interesting times indeed!

Almost every day I see indicators like this that make me think, how can anyone be afraid of buying BTC (or even worst, selling). To me, it´s getting clearer what´s going to happen, and the imminent recession is only going to help us out (investors).

i think longterm you are correct,but in the short term i think a liquidity crunch could hurt bitcoin a lot.

I feel this has a short term risk and long term bullishness to it.

Completely agree!!

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