Flattened Curve, Flattened Bitcoin

The more Macro it trades . . . . . . . . the more Macro it trades

This Is Not Investment Advice

Last few weeks we’ve seen the following:

  • Bond VOL subsides

  • Fed kicks rate cuts out even further (i.e. take bid from under the 2YR)

  • LEI (Leading Economic Indicators) dive with oil prices forecasting military strikes in Iran

  • “flight to safety” to bonds

Another way of describing it is to say the curve has flattened. A steepening trend has shifted somewhat last handful of weeks moving towards curve flattening. Note the correlation below as shown by BitcoinMagazinePro.com:

Worth being aware of and monitoring in my view.