Illya Gerasymchuk
Entrepreneur / Engineer
🇨🇳 China's reverse repo liquidity injections predict Bitcoin bullruns it works like this: 📈 high PBoC injections = increasing bitcoin price 📉 low PBoC injections = sideways or decreasing so every time China injects Yuan/reminbi, BTC price goes up 😁
🇨🇳 china injects liquidity mainly via reverse repurchase agreements 🏦 chinese central bank buys government bonds from commercial banks, selling them back later. this new cash is re-invested yielding a spread 💹 essentially, they allow banks to earn a yield on their bonds
