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RE: Inverted Yield Curve spells recession and boom time for Bitcoin?
I think it will depend on how agencies and the economy responds to the recession. If it is led by austerity and cash hoarding then bitcoin being a risk asset would suffer as it get a lower allocation in portfolios. If it is met by stimulus (money printing) then it should be in high demand to retain value for investors.
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Very good point. If the uncertainty, turmoil, and unrest is due to a lack of trust and disdain for governments due to failing currencies, then yes bitcoin probably does well. If it is just a general, run of the mill economic slowdown... I don't think that helps bitcoin much at all.