MR DEALS
--
Bullish
$BTC
{spot}(BTCUSDT)
šØšØ BTC just dumped 5%, falling to $86,000 š±
Here's why šØš¢
The Bank of Japan (BOJ) now sees a 76% chance of a rate hike on December 19th š¢
That single shift pushed Japanās 2-year yield to 1.84%, the highest since 2008 (markets are in extreme fear) ā©ļøš¢
Here's why this matters to markets:ā¬ļøā¬ļø
For decades, Japan kept rates at zero ā©ļø
That allowed traders to borrow trillions in cheap yen and deploy it into higher-yielding assets elsewhere āļø
This is the famous "Yen Carry Forward Trade"
But now, this decade long trade is breaking. When the carry trade unwinds, traders rush to de-risk ā©ļøā¬ļø
Because of the fear, risk assets like $BTC is dumping ā”ļø
But here's your reminder ā¬ļø
This is not a crypto related dump. This is pure macro turbulence ā”ļø
Nothing in crypto is broken, it will rise again ā”ļøš¢
#BitcoinSPACDeal #BTCBreaksATH #CryptoMarketAnalysis #altcoins #Japan
{spot}(BTCUSDT)
šØšØ BTC just dumped 5%, falling to $86,000 š±
Here's why šØš¢
The Bank of Japan (BOJ) now sees a 76% chance of a rate hike on December 19th š¢
That single shift pushed Japanās 2-year yield to 1.84%, the highest since 2008 (markets are in extreme fear) ā©ļøš¢
Here's why this matters to markets:ā¬ļøā¬ļø
For decades, Japan kept rates at zero ā©ļø
That allowed traders to borrow trillions in cheap yen and deploy it into higher-yielding assets elsewhere āļø
This is the famous "Yen Carry Forward Trade"
But now, this decade long trade is breaking. When the carry trade unwinds, traders rush to de-risk ā©ļøā¬ļø
Because of the fear, risk assets like $BTC is dumping ā”ļø
But here's your reminder ā¬ļø
This is not a crypto related dump. This is pure macro turbulence ā”ļø
Nothing in crypto is broken, it will rise again ā”ļøš¢
#BitcoinSPACDeal #BTCBreaksATH #CryptoMarketAnalysis #altcoins #Japan
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