Bond Yield Curve Inverting Suggests Coming Economic Recession And May Lead To Bitcoin (BTC) Bull Run, Block Halvening In May 2020 Can Also Enhance The Chances For A Bull Market
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is trading near $3,900, and the crypto market is generally bearish today following Bitcoin’s (BTC) rejection from the $4,000 resistance level yesterday. We discuss how the United States bond yield curve has inverted, and how this is a solid indicator that a stock market recession is coming in the next year. We speculate that this stock market recession, if it happens, could cause the biggest Bitcoin (BTC) rally in history. Further, the block halvening is coming in May 2020, around the same time the stock recession may be happening. Bitcoin (BTC) block halvenings decrease market supply and can help induce a major Bitcoin (BTC) rally. Hear about a guy who is trying to sell his ICO project on EBay for $60,000, and how this is not a good deal. Learn about the DragonEx cryptocurrency exchange in Singapore which was hacked and has gone offline.
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