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WHY ARE MARKETS DUMPING? Bank of Japan is set to do a rate hike this week. And history shows that $BTC doesn't like a BOJ rate hike. This week, the Bank of Japan interest rate decision will happen on 19th December. Prediction markets are pricing a 25 bps rate hike with 97%…
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Trade Call Setup $CHR SHORT Entry: 0.0458 – 0.0463 ⚡ TP1: 0.0446 🎯 TP2: 0.0438 🎯 STOP LOS: 0.0472 ❌ Click Here To Buy $CHR #CHR
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BUY $GUN
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🚨 THIS WEEK IS GOING TO BE HUGE FOR CRYPTO HOLDERS ➬ Tuesday (16th Dec): Unemployment rate, NFP data ➬ Wednesday (17th Dec): 3 Fed speakers will deliver a speech ➬ Thursday (18th Dec): CPI and Core CPI data ➬ Friday (19th Dec): BOJ interest rate decision, Stock triple witching, $3B in BTC and ETH options expiry For now, the markets are expecting that a January rate cut won't happen. But if CPI and Core CPI come lower than expected, while the unemployment rate spikes higher, rate cut odds will go up. Any signs of CPI heating up will remove the chances of a January rate cut.
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