#cryptorally - BITCOIN EXPLODED YESTERDAY — AND NO, THIS WASN’T QE 🔥
BTC ripped higher yesterday after the U.S. Treasury announced a major increase in buybacks of long-dated Treasuries.
📉 Long-term yields dropped.
💵 #DXY weakened.
📈 Risk assets caught a bid.
💥 BTC broke the range and shorts started getting squeezed.
🏦 This wasn’t QE.
The Fed isn’t expanding its balance sheet to buy bonds. The Treasury is buying back long-duration debt and refinancing through other parts of the curve.
The result still matters for markets: less pressure from long yields and better conditions for liquidity-sensitive assets.
💥 Then crypto added its own fuel.
BTC cleared resistance, shorts were forced to cover, liquidations turned into market buys and pushed the move even further.
⚙️ Treasury buybacks → lower yields → weaker dollar → BTC breakout → short liquidations.
💧 You don’t need an official #qe announcement for liquidity conditions to improve.
Two days ago we wrote that #liquidity can come without QE.
Yesterday we got a very clean example.
#pump $LIT $MET $BOME
BTC ripped higher yesterday after the U.S. Treasury announced a major increase in buybacks of long-dated Treasuries.
📉 Long-term yields dropped.
💵 #DXY weakened.
📈 Risk assets caught a bid.
💥 BTC broke the range and shorts started getting squeezed.
🏦 This wasn’t QE.
The Fed isn’t expanding its balance sheet to buy bonds. The Treasury is buying back long-duration debt and refinancing through other parts of the curve.
The result still matters for markets: less pressure from long yields and better conditions for liquidity-sensitive assets.
💥 Then crypto added its own fuel.
BTC cleared resistance, shorts were forced to cover, liquidations turned into market buys and pushed the move even further.
⚙️ Treasury buybacks → lower yields → weaker dollar → BTC breakout → short liquidations.
💧 You don’t need an official #qe announcement for liquidity conditions to improve.
Two days ago we wrote that #liquidity can come without QE.
Yesterday we got a very clean example.
#pump $LIT $MET $BOME