Yield Curve Steepening Hints at Looming Recession, a Test for Bitcoin's Safety
• Yield curve has normalized after inversion in 2022, indicating potential recession ahead
• "Bull steepening" of yield curve has historically preceded economic recessions
• Drop in confidence during recessions can hurt bitcoin demand as a haven asset
• However, potential Fed easing to counter recession could aid bitcoin like in 2020
• Bitcoin's safe haven appeal faces test with signs of impending recession in bond market