Loading…
Published 18 May 2026, 15:57 UTC · fetched 3 Nov 2026, 13:35 UTC
Justin Bennett
@JustinBennettFX
Why was the last #crypto bull market different? Yields are the most obvious answer. Anyone pattern-matching $BTC or $ETH to previous bear markets isn't paying attention to the bond market, and that's a mistake. If you're expecting this "cycle" to be like every other after bond yields broke a 40+ year trend in 2022, you're in for a lot of pain. Whatever your target is for this crypto bear market, I'm betting it isn't low enough.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 76444.59 / 76348.01 − 1 = +0.1%d × r = -0.1% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction