XJO - Bear Posts only (Factors which might cause the markets to fall), page-15599

The Key to Reviving Bitcoin Bull Run is the U.S. Treasury’s Refunding Announcement

• U.S. Treasury’s refinancing announcement, detailing the three-month borrowing needs and the balance to be held in the Treasury General Account, is due on May 1.
• The gross issuance of bonds is likely to decline for the first in two years, offering relief to markets.
• Risk assets will likely rally if the TGA target is maintained at or lowered from the current $750 billion.

Lets see if this continues the melt up.