A macroeconomics perspective on why I think Bitcoin is rallying today

I don't have all the answers and I am making some assumptions that might not be accurate, but I am a longtime finance professional with 2 certifications in the industry so I believe there is some validity with my hypothesis.

In my view, the price of bitcoin can be looked as an index on the US government's fiscal responsibility scorecard. The higher the price of Bitcoin goes up, the more likely there is some fiscal irresponsibility on the government's part. So why is the price going up today? I see 2 things that don't make macroeconomic sense. 1) The rate on the 30 year bonds are down from 5.27% to 5.23% AND 2) The Yen currency has substantially strengthened today from 1USD/159YEN to 1USD/155.5 YEN.

Scenario 2 is happening because the Japanese are offloading the US bond holdings in the hundreds of billions of dollars which weakens the US dollar, lowers bond prices (which raises rates), and strengthens the YEN currency. The offloading action should have raised the rates on government bonds. The only buyer capable of absorbing that kind of volume from the Japanese would be the US government.

So you have to ask the trillion dollar question: Where did the US government get the money from to buy up the bonds in order to keep the rates low/lower?? I think the money printer is going brrrr.