Japan Just Triggered a Bitcoin Warning ๐จ
The Bank of Japan just hiked rates to 0.75% โ a 30-year first! This isnโt just about Japan; itโs about global liquidity drying up, and $BTC feels it first. For years, the โyen carry tradeโ fueled risk-on assets. Now, thatโs reversing.
Historically, BOJ tightening cycles have seen Bitcoin drop 20-30%. And hereโs the kicker: Japanโs economy *shrank* last quarter, while inflation is still high. Real wages are falling. ๐
With $BTC near $88,000, extreme fear in the market, and the Fed cutting rates while Japan hikes, conditions are incredibly fragile. December liquidity is thin, and support levels are untested. Caution is advised. This divergence creates major uncertainty.
#Bitcoin #Macroeconomics #BOJ #Crypto โ ๏ธ
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