Bitcoin price reclaims $80K - How Scott Bessent's $1T liquidity injection fueled BTC

Will BTC will mark the end of bear market phase this week? Bitcoin extended its last week's winning streak and hit a 3-month high of $81.2K on the 25th of August.
The ongoing uptrend has been fueled by the renewed debasement trade as U.S. Treasury intervention in the bond market faces backlash and inflation fears. Notably, BTC began its explosive rebound last week after the Treasury announced a plan to double bond buyback from $4B to $8B. The move seeks to lower the yield (cost of government borrowing) for the 30-year bond below 5%.
Instead, the 30-year bond yield spiked again and shunned Treasury Secretary Scott Bessent's plans.
In response, Bessent said the Treasury could tap into the $1T General Account (TGA) to accelerate the bond buybacks. Spending TGA typically increases the broad money supply and improves liquidity.
Unfortunately, analysts have slammed Bessent's intervention methods. Legendary investor Stanley Druckenmiller blasted Bessent, adding that the bond market should freely determine where the yield goes.
Similarly, Peter Schiff scolded,
This reckless plan will substantially shorten the average maturity of the national debt...
It's a recipe for massive QE and runaway inflation. Got gold?
Bitcoin reclaimed $80K amid the Treasury's new $1T bond buyback plan.
BC faces market volatility ahead of the PCE report and the Fed's Warsh speech.#BTCBreaks$81k #CandyDrop1BTCForOldUsers #NVIDIAEarnings #TopFiveLeaguesPreMatchPredictor #GateStockInsightsChallenge $BTC ‌