Bitcoin (BTC) might be up for a bull market for the next one to two years, based on an analysis by MN Trading Founder Michaël Van de Poppe. In a recent post on X, Van de Poppe underlines a bearish divergence on the 2-year and 10-year T-bill yields.
He noted, “The Yield chart has inversed and technical indicators don’t lie.”
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Signals for Bitcoin from bond market
Yield inversion typically refers to short-term interest rates becoming higher than long-term rates due to economic uncertainty or a weak growth outlook. He mentions a ‘massive weekly bearish divergence’ on the government bonds, suggesting market pessimism based on the economic numbers.
Van de Poppe suggests that the current yield trends are a response to the monetary policy decisions of the Federal Open Market…
