Jordi Visser Says One Overlooked Event Could Help Bitcoin Break Out Of Its Slump
Bullish strength: 75/100
- Potentially lower long-term Treasury bond issuance could ease pressure from elevated real yields.
- Visser identifies the November 4 refinancing announcement as a potential Bitcoin catalyst.
- Citi strategists reportedly expect $3 billion reductions in both 20-year and 30-year bond auctions.
- Visser expects Bitcoin could benefit if long-term borrowing pressure decreases.
Bearish strength: 25/100
- Bitcoin faces continued headwinds from elevated real interest rates.
- Visser expects a possible Bitcoin retest of $73,000-$74,000, potentially dipping slightly lower.
- Bitcoin was down 0.1% over the previous 24 hours at approximately $77,500.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.