Posteo

Last night’s move really buried us shorts underground. But losses can’t be in vain, so I reviewed it again: $BTC surging to 72000 wasn’t a takeoff out of thin air. The first spark came from U.S. Treasuries. The U.S. Treasury raised the single repurchase limit for 10- to 30-year long bonds from $2 billion to at least $4 billion, and the 30-year yield immediately fell from around 5.3% to about 5.2%. It’s not QE, but it temporarily #BTCBreaks72K #FOMC9To3Split #PopMartEarningsWatch