Update $BTC

Confirm the increase frame since breaking 85500.

News from China stops buying gold.

If your investment portfolio includes: Btc, gold, real estate, bonds, stocks.

Then currently.

Real estate is truly a real estate. Gold is under pressure to take profits when buying power decreases, government bonds are rising sharply, stocks are newly in the red.

Thus, in the near future: government bonds will rise due to selling pressure from the second largest creditor of the US, which is China. (The top position is Japan) supporting the USD to increase.

Regarding historical data, the yield on 10-year and 30-year US bonds is rising sharply, which will have a significant impact on the risk of recession with public debt at 36 trillion; just a 1% increase in yield is already quite expensive concerning Trump’s target of reducing 4.5 trillion this year.

Thus, btc will benefit in the investment portfolio.

On another note, according to last year's data, the Fed cut interest rates to inject money into buying bonds when bond yields were at 3.8-4.2.

Currently, it has reached 4.592%. Expectations for a cut are supported.

In the short term, rising bond yields are bad for btc because it will withdraw capital from risky assets. Like last time, btc and stocks were quite strongly withdrawn.

However, in the long term, its increase is good for the market, forcing the fed to intervene to avoid high yields that could increase public debt when the labor market is inefficient and spending is high. (Can be understood as borrowing at high interest rates while not generating much but spending a lot 😅 debt explosion bankruptcy) in reality, there has never been a default. Each time it reaches the ceiling, the debt ceiling is raised.

Thus, watch the CPI for April announced in mid-May