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Bitcoin Price Gets A Fresh Treasury Buyback Test

28m ago•
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Gold Bitcoin coin balancing on a seesaw between a red downward arrow and a white upward arrow.

The post Bitcoin Price Gets A Fresh Treasury Buyback Test appeared first on Coinpedia Fintech News

The Bitcoin price could get an interesting liquidity test tomorrow as the U.S. Treasury Department plans to buy back up to $6 billion in longer-term debt. That alone doesn’t guarantee a move higher, but another signal is now flashing from the derivatives side. The Binance Squeeze Risk Oscillator (SMA-14) has climbed back above +0.80 after …

28m ago•
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