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Bitcoin

Bitcoin down and traders fearful — Bullish Turn Ahead?

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A wave of fear has inundated stock markets, and most assets, including Bitcoin, have fallen as a result. Are we approaching the point where the market could rally into this fear? US 10-year bond yield heading lower Source: TradingView One hugely problematic factor in stock markets falling and most assets being unable to rise is bond yields. The U.S. 10-year government bond is the standard that markets look to, and this particular yield has risen mercilessly over previous weeks. However, it very much looks like the 10-year yield has made a top - at least into the short to medium term. The short-term chart above shows that the yield has rolled over from its height of 5.36%.

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