cryptobullethbtcxlm

US10Y down trend - breakout up or down?

TVC:US10Y   US Government Bonds 10 YR Yield
Short term down trend good for (digital) assets & securities, breakout up or down? Let me hear your opinion. Inflation?
DYOR & DD, not financial advice.
Comment:
James Bond breaking the FIB level, up to 1.594 or retest?
Comment:
Rejected at the local high, I expect a reverse downwards to 1.537 (FIB level) retest, would be good for BTC in the immediate short term.
Comment:
Breakout, more upside is coming. It retested local high and broke resistance; I expect a lot more upside. Not great for assets / securities but an indication for huge inflation which would be good for the asset and securities markets. I am not convinced that Yields will compensate upcoming inflation. We'll keep an eye out... updates coming next week, it will hang around at this levels until Monday.

Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.