R is coming..? 🥲

in hive-103599 •  6 hours ago 

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Source: Binance exchange

I thought BTC price wouldn't plummet less than $80k. Unfortunately, it collapsed less than $80k. The current market sentiment is worst since COVID-19, FTX and LUNA collapse.. me too. I almost gave up.

What I can do right now is to secure a bunch of cash, save money, do part time jobs, etc.


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Source: FRED

I've been watching the 10y - 3m yield spread data for several years. The yield spread inversion recovered a few months ago. The recovery of the yield spread inversions have been a sign of R(Recessions). Will this cycle repeat itself like 2020?

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