BOJ Surprise Rate Hike Looms š¤Æ
Entry: 42500 š©
Target: 41000 šÆ
Stop Loss: 43000 š
The Bank of Japan is reportedly considering a December rate hike, a move that's sending shockwaves through global markets. This could drain critical liquidity from crypto, potentially triggering sharp drops for $BTC and other altcoins. Add to this the massive quarterly options expiry on December 19th, and we're looking at a recipe for extreme volatility.
Trillions are at stake with these expiries, which often see markets pushed lower before settlement. The BOJ's potential future hikes signal tougher times ahead. A rate increase could lead to a flash crash followed by a reversal, while no change might spark a month-end rally. Watch these closely.
Disclaimer: This is for informational purposes only and not financial advice.
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