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Streetsurfer
Jan 8, 2021 6:27 PM

Are inflation expectations a telltale sign for bitcoin moves? Long

FRED/T5YIFRQUANDL

Description

BTC has shown signs of bottoming even though inflation expectations started dropping from 2018, but seems to coincident with inflation expectations bottoming and now breaking the downward trend.
Perhaps there could be some view that BTC as asset is becoming a first mover on inflation expectations?

If it is indeed the case, it confirms that we should buy BTC dips in small amounts and wait for a volatile 20-50% dip and take larger positions perhaps.
furthermore a sudden drop in inflation expectations could point to BTC topping

This does not constitute as advice but merely an observation.
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