1/ Time for a quick BTC thread to close out a week where we have historic macro moves helping start the next leg despite all the bearish rhetoric.
2/ Reminder that it wasn't too long before we had this 
3/ but then we had this
4/ and then a few hours later we had this
5/ then the basis trade blew up and we had this in 30 yr yields for the largest weekly rise since 1987
6/ while US 10 yr rates went up, German rates were unchanged leading to largest weekly divergence in history
7/ and despite this we saw the dollar index (DXY) go down (DXY vs US-GER 10y spread)
8/ and the 2 day fall in the DXY was greater than 2.5% for the 4th time since 2010.
9/ here is bitcoin reaction from the date of the first one in 2015
10/ and the second
11/ and the third
12/ and remember the Fed hasn't helped.....yet
13/ the global fiat system is breaking into national capitalism which will lead to more debt around the globe as countries focus on their economies in this trade reshuffling. the new global system of exchange will be driven by AI, stablecoins and BTC
• • •
Missing some Tweet in this thread? You can try to
force a refresh
