🚨 BITCOIN DUMPS 20%+ EVERY TIME JAPAN HIKES RATES
THIS FRIDAY, BOJ WILL HIKE RATES TO 75 BPS. FIRST TIME IN 17 YEARS.
BUT HOW DOES IT WORK?
JAPAN IS THE CHEAP MONEY HUB.
INSTITUTIONS BORROW JPY AND PUMP IT IN RISK ASSETS LIKE $BTC.
→ RATE HIKES
→ YEN UP
→ CARRY TRADES UNWIND
→ LIQUIDITY DRAINS
→ BTC GETS SOLD
AND YEAH
WE ARE LIKELY GOING TO $70K…
