$BTC CRASH IMMINENT?! šØ BOJ Meeting Could Trigger MASSIVE Crypto Dump!
Brace yourselves! $BTC is entering a potentially volatile week as everyone's eyes are glued to the Bank of Japan (BOJ) policy meeting on Dec 18-19. Prediction markets are screaming a 98% chance of a BOJ rate hike, and the impact could ripple far beyond Japan, hitting global markets and crypto hard.
Why is the BOJ so crucial for $BTC? Japan has been a source of cheap liquidity for years. Institutions borrow yen at low rates and pump it into global assets. But if the BOJ hikes rates, even by a seemingly small 25 basis points, it could trigger a massive unwinding of leveraged positions. Historically, BOJ rate hikes have led to significant $BTC dumps.
While some analysts believe potential Fed rate cuts could offset the BOJ's move, the risk of a yen carry trade unwind is real. Japanese bond yields are rising, making yen borrowing more expensive, and investors might start closing positions and selling assets.
Volatility is almost guaranteed. Keep a close watch on the market.
