Inside the forecast
->Di dalam ramalan
or "Dalam ramalan" but "Inside" is "Di dalam". I'll use "Dalam ramalan" for simplicity. Then:Gemini sees the move coming from a few converging forces. The US Treasury doubled long-dated bond buybacks to $4 billion per operation, which has pulled yields down. White House talks about a strategic national Bitcoin reserve are keeping institutional money engaged. And the SEC's proposed 'Reg Crypto' framework, which Gemini reads as unlocking liquidity, adds to the mix.
Translation:Gemini melihat pergerakan ini datang daripada beberapa kuasa yang bertumpu. Perbendaharaan AS menggandakan pembelian semula bon jangka panjang kepada $4 bilion setiap operasi, yang telah menurunkan hasil. Perbincangan Rumah Putih tentang rizab Bitcoin strategik negara mengekalkan minat wang institusi. Dan rangka kerja 'Reg Crypto' yang dicadangkan oleh SEC, yang dibaca oleh Gemini sebagai membuka kunci kecairan, menambah kepada campuran ini.
We need to translate "long-dated bond buybacks" as "pembelian semula bon jangka panjang". "Yields" -> "hasil" (but in finance, "yield" is often "hasil" or "pulangan". I'll use "hasil" but it might be ambiguous. Actually, "yield" in bonds is "hasil" or "kadar pulangan". I'll use "hasil" as it's common. "White House" -> "Rumah Putih". "strategic national Bitcoin reserve" -> "rizab Bitcoin strategik negara". "institutional money" -> "wang institusi" or "dana institusi". I'll use "wang institusi". "Reg Crypto" is a proper name, keep as is. "unlocking liquidity" -> "membuka kunci kecairan" or "membuka kecairan". I'll use "membuka kunci kecairan". Next:But the prediction isn't a one-way bet. The bear case leans on persistent macro headwinds or a reversal in yields — that could drag Bitcoin back to $68,000 support. That's the level that held after June's selloff, and it's the number bears keep pointing to.
Translation:Tetapi ramalan ini bukan pertaruhan sehala. Kes menurun bergantung pada tekanan makro yang berterusan atau pembalikan dalam hasil — yang boleh menarik Bitcoin kembali ke sokongan $68,000
