🇺🇸 The US Treasury is set to repurchase up to $6B of longer-term debt again tomorrow. That liquidity signal is worth watching for risk assets, including $BTC .
Bitcoin is at $77,823, up 1.85% in 24h and 1.3% over the latest 4h window, but the move still lacks conviction with volume at just 0.4x its 20-day average. RSI near 51 is neutral, while price remains below the 20D and 50D MAs.
Treasury liquidity helps, but the chart needs to confirm. 👀 #BTC #Crypto #Bitcoin
Source: @BitcoinMagazine on X.
Bitcoin is at $77,823, up 1.85% in 24h and 1.3% over the latest 4h window, but the move still lacks conviction with volume at just 0.4x its 20-day average. RSI near 51 is neutral, while price remains below the 20D and 50D MAs.
Treasury liquidity helps, but the chart needs to confirm. 👀 #BTC #Crypto #Bitcoin
Source: @BitcoinMagazine on X.
