🚨 HERE’S WHAT ACTUALLY CAUSED BITCOIN TO EXPLODE TO $69,700.
Everyone is looking at the Bitcoin candle.
But the move started in a completely different market:
U.S. Treasury bonds.
The Treasury just DOUBLED the size of its long-term bond buyback program.
→ Old maximum: $2 BILLION per operation
→ New maximum: AT LEAST $4 BILLION
→ Targets: 10-to-20 and 20-to-30-year Treasury bonds
→ Starts September 9 through November 4
In simple words:
The Treasury is offering more support to the market for long-term U.S. government debt.
And that matters because Treasury yields are basically the return investors can get from holding government bonds.
When those yields FALL, risky assets like Bitcoin usually become more attractive.
And look what happened right after the announcement:
→ 10-year yield: -6 bps to 4.647%
→ 30-year yield: -9 bps to 5.196%
Then Bitcoin moved.
$65,400 at 10:45 AM ET
→ $67,600 at 11:26 AM ET
→ $69,700 at 11:27 AM ET
Bitcoin gained more than $2,000 in ONE MINUTE.
That move trapped traders betting against Bitcoin.
As their leveraged shorts were liquidated, they were forced out of their positions, creating even more buying.
The result:
💀 $1.59 BILLION in crypto liquidations over 24 hours
💀 $746 MILLION in Bitcoin shorts reportedly wiped out in that one-minute candle
So the chain reaction was simple:
TREASURY EXPANDS BOND BUYBACKS
↓
LONG-TERM YIELDS FALL
↓
BITCOIN PUMPS
↓
SHORTS GET LIQUIDATED
↓
FORCED BUYING SENDS BTC EVEN HIGHER
One important correction:
⚠️ This is NOT QE.
⚠️ The Fed did NOT turn on the money printer.
Treasury is buying back existing government bonds to improve liquidity in that market.
And the size is still small compared with how much debt the U.S. issues.
But the timing matters.
The bond market moved FIRST.
Bitcoin followed.
Then the short squeeze turned it into an explosion.
Everyone is showing you the green candle.
Almost nobody is talking about what happened right before it.
September 9 is now the date to watch.
At 60k I said BTC goes to 16k in 2021
At 16k, called 120k target and start of bull
In 2025 I Sold and shorted BTC at 120k
Sold all BTC, and fully shorted at 120k
I mentioned 50-60k as my Target
Last month I said I’m buying 54-64k
DrProfit was right again and again..
$BTC: The four-year cycle bears believed the market will bottom in exactly 47 days. They even marked the date in their calendars, waiting for the market to deliver their perfect bottom on schedule. One minute of silence for these incompetent peasants
En el final más épico y emocional de la historia del @SoloQChallenge , después de 4 victorias seguidas, @alimentachino se proclama como campeón del LOW ELO por 12.500€ 🫡
Muchas felicidades YANG ❤️
Estoy hasta los cojones de los influencers que no dicen nada por miedo a que les funen:
ME CAGO EN TODOS LOS PUTOS MOROS DE MIERDA QUE HAN INVADIDO CEUTA.
Ojalá se ordene el principio del último recurso a las fuerzas armadas. No digo más. Funadme. Me la pela. Viva España.
Esto es SALVAJE.
Mucho ánimo a todos habitantes de Ceuta y Melilla. Puede que el gobierno os deje solos pero la mayoría de españoles estamos hasta los cojones y con vosotros.
El gobierno ceutí lleva años pidiendo ayuda.
Abro a las 17:00. Se acabó.
🚨🚨 RIVERS SE NIEGA A PELEAR CONTRA RORO A MENOS DE 24 HORAS DEL COMBATE
Roro exige pelear con un casco que le protege la nariz porque se la operó hace un año y necesita cuidarla. La Velada aprobó esta protección, pero Rivers lo desconocía y, al enterarse, ha asegurado a la organización que contra ese casco NO va a pelear.
“El caso es que lo mío es un tema médico, yo necesito utilizar ese casco. No es que me apetezca, es que no puedo recibir impactos en la nariz y eso lo sabíamos todos.”
#ElPesaje #LaVeladaDelAñoVI