Analyst Who Predicted Previous Drops Speaks Out on Bitcoin – “U.S. Treasury Move Could Send BTC Soaring”
Key Highlights The US Treasury is pursuing an “Operation Treasury Twist” by repurchasing 10- to 30-year bonds and financing them with short-term bills, a maneuver that analyst Farrell views as potentially dollar-weakening and bullish for Bitcoin. Mounting US debt—with a budget deficit around 6% to 7% of GDP and public debt surpassing 120%—may force looser ...