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2025-04-05 15:29:12

mattaroo on Nostr: Here are three positive macro signs that are good for Bitcoin: 1. Oil has dropped ...

Here are three positive macro signs that are good for Bitcoin:

1. Oil has dropped below $65/bbl, breaking past recent range lows. This brings inflation down... and yes double edged sword as it also signals recession... but also makes economy more resilient.
2. 10 year bond yield closed at 3.99% on 04-04. This helps reduce inflation and reduce borrowing costs which spurs the economy.
3.The DXY at 102 is a tailwind for global liquidity, paving the way for stronger risk asset prices worldwide.

Short term pain, long term gain.
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npub1wwushhg9g3lewt49klu5wlqxdhraljkdexyjz2mdhjx8nuk6aepq577lcn