There it is.
12 days since US Treasury intervention in the bond market was announced and yields are up to a new 19-month high.
The 10Y Note Yield is now just 2 basis points away from its highest level since 2007.
The bond market appears to be completely ignoring the US Treasury.
We simply cannot afford the 10Y Yield at 5%+.
@WhaleScan Alt season happens because investors look for bigger gains. Bitcoin parabolic run brings in retail investors who then transition to smaller caps for bigger potential returns. The same thing happens in stocks. Money rotates from the mag7 to smaller companies.
@GaryCardone Global real estate is about $500 Trillion. People use stocks, bonds, real estate, art, gold, etc. as a store of value. If Bitcoin is better and mainstream, then money will rotate from those into Bitcoin. Not all, but some.
@BTC_for_Freedom โThe study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled." -John Kenneth Galbraith, professor of economics, Harvard
We joined the fun and turned the live Bitcoin price into a 3d battlefield.
Every 1s tick moves the front line.
Order book depths deploys units.
Large trades shift pressure.
Liquidations trigger battlefield events.
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