$BTC

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🚨🚨 The big talking point this week is Japan ⚡️📢

Here's what you need to know 🫡📢

On Dec 19, the Bank of Japan is expected to hike rates by 25bps

Polymarket currently puts the odds at 98%

This will push Japan’s rate moves to 0.75%, a level not seen since 1995 📢

The last three BoJ rate hikes were followed by 30%+ drawdowns in BTC 📢

Here are the two reasons why 📢⚡️

1 _ Rate hike = tighter global financial conditions

2 _ Further unwinding of the Yen carry trade

So will Bitcoin see another drop this week?🤔

Probably not ,This rate hike looks largely priced in 📢

😍 If you like it, don't forget to express your opinion and share the post ⚡️ Thank you, I love you ❤️

#Japan #BitcoinSPACDeal #market _Update

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