🔥 MACRO PRESSURE IS BACK — CRYPTO FEELS IT 🔥
📊 U.S. NFP came in HOT • Jobs surged
• Unemployment stayed low
• Rate-cut hopes? ❌ Instantly repriced
💥 Result: • BTC slipped below $88K
• Alts got hit harder
• March rate cuts fading fast
👀 But the real risk is brewing in the East…
🇯🇵 Dec 19 — Bank of Japan Markets are pricing a hike to 0.75% — Japan’s biggest in 30 years.
Why this matters: 💴 Yen carry trade Cheap yen has funded trillions in: • U.S. bonds
• U.S. stocks
• Crypto
If BOJ hikes: • Yen borrowing gets expensive
• Capital rushes home
• Risk assets become liquidity
And crypto?
🚨 It doesn’t get sold last. It gets sold first.
⚔️ What decides the next move: • Strong U.S. data = higher rates
• BOJ hike = liquidity drain
👉 If both hit together: BTC could test $80K
👉 If the Fed turns dovish to offset it: markets stabilize
🧠 Bottom line:
Narratives matter. Fundamentals matter.
But macro decides the timing.
