3 Macro Signs that are good for BTC (Patreon)

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

• 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.

• Spoke about the US 10-year Treasury yield this week quite a bit - this also helps reduce inflation and reduce borrowing costs which spurs the economy.

• The DXY at 102 is a tailwind for global liquidity, paving the way for stronger risk asset prices worldwide.

We have gone thru some pain, but signs of the gain are coming.