🇯🇵 The Bank of Japan signaled an interest rate hike, making carry trade more expensive: the operation where investors borrow cheap money in Japan to invest in risk assets around the world.
With costs rising, many have reduced exposure — and BTC felt it first.
📉 The movement occurred on a Sunday, with low liquidity, amplifying the correction.
🔎 Summary:
This is a macroeconomic impact, not a structural failure of Bitcoin.
The long-term trend remains intact — but the macro continues to dictate the pace of the short term.
This is macro, it's not Bitcoin's problem.
The game continues.
#Bitcoin #BTC #Crypto
