Sep. 11 at 3:41 PM
$CLSK
Bitcoin consolidating after morning break out!
Next break out coming!?
Looking great!
CLSK most under valued among peers!
Next break out for CLSK coming?
CLSK was upgraded to
$26 target price recently!
Core CPI yearly came in at 2.4 better than last month 2.5!
I don't think FED has enough data to raise interest!?
Market rate on long bond is doing the work for FED already!
They are restrictive already for the market!
I don't know who is shorting the bond and driving the market rate up but Bessant is laughing because he can buy back old bonds at more discount!
Higher the current rate, more discounts for the old bonds!
The discounts he gets are might be enough to pay interest for next 2 years on new bonds!?
Let's say he gets 10% discount on the old bonds that were paying 2-3%!
Don't fight the Treasury!
End is clear! Treasury wins in the end! Always!
Specially with Bessant in charge!
He maybe getting ready for short squeeze on bond shorts!?
Good luck everyone!