Bitcoin Price Thread

We already fell through major correction and now into bear-market. I thought it was supposed to already be at 0 according to some of your past proclamations. Or am I wrong?

Vix is above 50, while BTC keeps floating around 75-80K.

Bears said there was no way Bitcoin could live through something like that. So this is interesting.

Is Vix at 60 the breaking point now? Many of us would like to know from your ultimate wisdom.

 

And if the linchpin of crypto (Tether) goes down?

It's all going to collapse. When the momentum comes there will be no survivors. The financial system alone is in poor shape, let alone some fugazi cayman islands fake money printing operation.

 

Only just the beginning. Let's see where Bitcoin ends up when stocks revisit Covid lows.

 

Then why are you in here?

 

To cry wolf

 

Supposedly some big moves on 10y and 30y yields happening now, but Yahoo Finance doesn't show, yet

 

10 yr already backed off 127 basis after being as high as 4.513%, its now around 4.100%:-

 

Yahoo Finance finally live on the Rates section, looks to be a big move, Twitter saying it's unwinding of basis trades, maybe hedge funds or someone big may need a bailout,

(I'm not an expert, just repeating commentaries that may help others like me to have context)

 

Here's a 5 minute chart 10Y Yield showing big move up around the midnight hour overnight but coming back down recently:-



Of course RTH opening shortly so all bets are off what will happen then.

 

Here's another one, UK bond market, which I believe is RTH

I remember when the UK Pension funds had to be bailed out last time something like this happened...