🌀#比特币 Faced with the "death cross", the Bank of Japan stopped raising interest rates to stabilize sentiment! 🛑
📉Recently, Bitcoin's "death cross" has become a hot topic, but the plot seems to have taken a turn. Because the Bank of Japan may come to the rescue! The reason is that last Friday, the Bank of Japan raised interest rates by 25 basis points for the first time, triggering a panic in the global financial market. 📉
💉But just yesterday, the Japanese Minister of Finance and Economics said: If the market is unstable, they will not continue to raise interest rates. This is like a shot of adrenaline for the market. At the same time, the price of Bitcoin has also rebounded well in the past two days.
🤔However, I think this may be just the beginning, and Japan may have more interest rate hikes in the future. However, any surge or plunge in the reading side may be just short-term speculation, and the same is true for the market's follow-up reaction! At the same time, the reappearance of the "death cross" risk in the market suggests that Bitcoin may be suffering from a bear market trap.
🔍Therefore, we should not be swayed by these short-term fluctuations, but should look ahead and not be influenced by irresponsible news and market fluctuations, and blindly follow the trend!
🧐So, what do you think? Do you think the decision of the Bank of Japan will have an impact on the Bitcoin market? Will the market quickly digest the impact of this short-term event? Will Bitcoin's "death cross" be a "death cross" trap before the start of this bull market?
👇 Leave your opinion in the comment area, let's discuss the future price trend of Bitcoin together!
