Key facts
- US Treasury sanctions are creating a "wildly bullish" long-term case for gold and Bitcoin, according to Doomberg.
- The sanctions are forcing central banks to sell their Treasury holdings.
- This selling pressure on Treasuries is expected to drive demand for alternative assets like gold and Bitcoin.
US Treasury sanctions are creating a "wildly bullish" long-term outlook for Bitcoin and gold, according to analysis from Doomberg. The sanctions are reportedly forcing central banks to divest from their Treasury holdings, a move that Doomberg suggests will increase demand for alternative assets like gold and Bitcoin.