Macro· ★★★· neutral·

Bitcoin Faces Treasury Buyback Test as Short-Squeeze Signal Returns

  • —U.S. Treasury to buy back up to $6B in longer-term debt
  • —Binance Squeeze Risk Oscillator back above +0.80
  • —A break above $84K-$87K with short liquidations and falling OI would fit a squeeze
  • —Past positive extremes of the indicator did not consistently produce lasting gains
Why it matters: A breakout above $84K-$87K with forced short covering could accelerate gains, but the setup remains unconfirmed until price and demand follow through.
#BTC
Source: Coinpedia
More on this
Macro · Sep 24
Warsh faces credibility test as markets price in another Fed hike and Treasury yields surge
 Macro · Sep 24
U.S. Treasury Sets $6B Long-Bond Buyback as Yields Test Multi-Year Highs
 Macro · Sep 30
Bitcoin Faces Data Gauntlet as Treasury Yields Hit 2007 Highs