Market News / Story
Bitcoin Price Gets A Fresh Treasury Buyback Test
Coinpedia ·
Coinpedia reports: 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 finding support around its zero-equilibrium level. In plain English, the short-exhaustion signal has returned after briefly resetting…