Bitcoin’s (BTC) impending Gold Cross and overhyped concerns about rising US Treasury yields

“Central banks find policy tight and want to make cuts gradually. If employment bursts, they will cut quickly. If employment recovers, they will cut less. Two months ago, bonds forecast a strong possibility of falling behind. Now the recession is skew is gone, yields are up. Those are not bearish risky assets and that doesn’t mean the Fed messed up,” Dario Perkins, managing director, global macro at TS Lombard, said in an Oct. 17 note to clients.