Bond markets are panicking. $BTC is asleep. That combination rarely lasts. 😴📉
Bond volatility just hit its highest level since March, and the US 30-year yield recently touched levels not seen since 2004.
Meanwhile Bitcoin's own volatility index is near its yearly low.
When one market is shaking and the other is dead calm, one of them is wrong.
$BTC is coiled between ~$84K support and the $87.4K September high. Low volatility doesn't tell you the direction. It tells you a big move is building.
Stress in bonds usually spills into risk assets eventually. Or crypto keeps proving it's decoupling.
Which one breaks first?
Not financial advice. DYOR.
#Bitcoin #Bonds #Macro
Bond volatility just hit its highest level since March, and the US 30-year yield recently touched levels not seen since 2004.
Meanwhile Bitcoin's own volatility index is near its yearly low.
When one market is shaking and the other is dead calm, one of them is wrong.
$BTC is coiled between ~$84K support and the $87.4K September high. Low volatility doesn't tell you the direction. It tells you a big move is building.
Stress in bonds usually spills into risk assets eventually. Or crypto keeps proving it's decoupling.
Which one breaks first?
Not financial advice. DYOR.
#Bitcoin #Bonds #Macro