BTCUSD / US Bonds are Inversely Correlated
Since March 7, 2022 the bond market has been in a freefall, spiking rates, as you can see with the 10 Year Treasury
Bitcoin has been on a rally that started on March 7 with a major spike then pullback the following day, only to take off like a freight train.
This a clear inverse correlation that has set in and does not look like it's abating at all.
Is this really happening? Bonds being sold to buy Bitcoin?
Thoughts? Please comment.
Stay tuned as this is very interesting!
Since March 7, 2022 the bond market has been in a freefall, spiking rates, as you can see with the 10 Year Treasury
Bitcoin has been on a rally that started on March 7 with a major spike then pullback the following day, only to take off like a freight train.
This a clear inverse correlation that has set in and does not look like it's abating at all.
Is this really happening? Bonds being sold to buy Bitcoin?
Thoughts? Please comment.
Stay tuned as this is very interesting!
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Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Follow:
Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.