The alleged "emergency" meeting is not that at all, but a scheduled encounter, and the rumor of a sudden liquidation of $50 billion in U.S. Treasury bonds lacks official support.
If a scenario of mass sales by China were to materialize, the initial impact on Bitcoin (BTC) would likely be downward (bearish) in the very short term due to a global liquidity crisis, but strongly upward (bullish) in the medium and long term as a hedge against dollar devaluation and debt
$BTC
If a scenario of mass sales by China were to materialize, the initial impact on Bitcoin (BTC) would likely be downward (bearish) in the very short term due to a global liquidity crisis, but strongly upward (bullish) in the medium and long term as a hedge against dollar devaluation and debt
$BTC
