
🚨 Why did BTC pump? The key trigger came from the U.S. Treasury. Here’s the chain reaction 👇 🟢 The U.S. Treasury announced increased buybacks of longer-term government bonds. 🟢 Bond yields dropped sharply. 🟢 Pressure on the dollar eased → investors rotated back into risk assets. 🟢 BTC broke through the $65K–$66K resistance zone. 🟢 That breakout triggered a massive short squeeze. 🟢 Forced short liquidations accelerated the move toward $69K. Meanwhile, the White House crypto summit + expectations of friendlier U.S. crypto regulation are adding fuel to the bullish narrative. The chain: Treasury buybacks → lower yields → risk-on → BTC breakout → short liquidations → $69K 🚀 Now the real question: Can BTC hold $66K–$67K after the short squeeze fades? If it can, the move may have more room to run. I’ll keep you posted. 👀
