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BITCOIN Our China bonds ratio is giving a huge buy signal

Long
INDEX:BTCUSD   Bitcoin
It is not the first time we look into how the Chinese bonds (with our unique CN02Y/CN20Y ratio displayed by the blue trend-line) affect Bitcoin's (BTCUSD) Cycles:


With the addition of the Sine Waves to better illustrate the Cyclical behavior of the bond yields ratio, we can see that it matches almost perfectly BTC's Cycles. Every time it bottoms, BTC bottom as well and start a cyclical rally. Additionally, you can see that the ratio has been on a Channel Down for the past 10 years, supporting the bullish expansion on Bitcoin.

At the moment the ratio is pulling back in a similar fashion as March 2013, January 2017 and December 2019. On those occassions Bitcoin started a Parabolic Rally afterwords.

Do you think we are that close to a huge buy signal as suggested by the Chinese bonds ratio? Feel free to let us know in the comments section below!

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