In short:
Bank of Japan Rate Hike
Japan hiked interest rates to 0.75%, the highest in 30 years.
Japan is no longer a source of "free" money. Borrowing Yen is now expensive, causing global investors to pull cash out of risky markets to pay back loans.
This "liquidity drain" is generally bearish for stocks and gold in the immediate term.
Bitcoin is expected to face pressure and could drop due to lower demand.
Treat the December dip as a buying opportunity.
Markets are expected to recover and pump in January, making mid-January the target for taking profits.
