🚨 The Bank of Japan's decision is approaching, the most important event after hours
The big event I warned you about weeks ago is now upon us. Everyone is talking about the Bank of Japan's decision, and almost everyone is expecting a strong decline. This is exactly where we need to focus.
📉 When the market expects something 100%, the opposite often occurs.
The interest rate hike from the Bank of Japan is already priced in the market, which is why we see pressure and decline before the decision.
🔑 What will determine the true direction is not the interest rate decision itself, but the tone and speech of Ueda, the Governor of the Bank of Japan:
If he hints at a new hike soon ➝ Bye bye crypto 👋👋
If he indicates a temporary halt ➝ this decline will be a buying opportunity for the bottom.
Of course, I will keep you updated with the latest updates and developments in the market
