tldr; Bitcoin faces potential volatility as the Bank of Japan (BOJ) is expected to raise interest rates during its December 18–19 policy meeting. Analysts predict a 98% chance of a rate hike, which could disrupt the yen carry trade and impact global risk assets, including Bitcoin. Historically, BOJ rate hikes have led to Bitcoin price drops of 20–30%. While some foresee a drop below $70,000, others argue that U.S. Federal Reserve rate cuts could offset Japan’s tightening, potentially supporting Bitcoin in the long term.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
rechtim on
Already priced in
Grunblau on
Hoping this is mostly priced it. That is why it has been made sooo transparent. Hopefully there aren’t a bunch of entities sitting in shrinking yield investments while everyone is issuing these warnings.
There will probably be some folks that need to shore up their collateral. I hear JP Morgan accepts BTC, now.
namieorange on
You remember that drop to 83k in Nov 30? Yeah that’s when the market got basically the confirmation Japan was rising rates. Would it dunp again, 20% when it’s already known for 2 weeks?
Hot_Individual5081 on
if it drops its fine it will come up eventually and if its more of a systemic risk then stocks will get decapitated as well
TechnologyMinute2714 on
98% Probability means it’s already priced in wth are you on about.
luckyknight216 on
So…what you’re saying is there’s gonna be a 20-30% firesale? Nice.
degen5ace on
Thanks Japan 🇯🇵
ronnoco_ymmot94 on
If it’s 98% it’s already priced in
Chemical-Hyena2972 on
If so well known that this would/will happen. Why wouldn’t Saylor wait to buy more or Lee to buy more ETH (I would assume this would bring all of crypto down). I mean, I guess they could be waiting to buy more 🤔
civilian411 on
Short it then, it’s 98% locked in. 😬
AttemptKitchen on
Most likely already priced in since it was pretty much confirmed last month that they were going to increase rates.
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tldr; Bitcoin faces potential volatility as the Bank of Japan (BOJ) is expected to raise interest rates during its December 18–19 policy meeting. Analysts predict a 98% chance of a rate hike, which could disrupt the yen carry trade and impact global risk assets, including Bitcoin. Historically, BOJ rate hikes have led to Bitcoin price drops of 20–30%. While some foresee a drop below $70,000, others argue that U.S. Federal Reserve rate cuts could offset Japan’s tightening, potentially supporting Bitcoin in the long term.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Already priced in
Hoping this is mostly priced it. That is why it has been made sooo transparent. Hopefully there aren’t a bunch of entities sitting in shrinking yield investments while everyone is issuing these warnings.
There will probably be some folks that need to shore up their collateral. I hear JP Morgan accepts BTC, now.
You remember that drop to 83k in Nov 30? Yeah that’s when the market got basically the confirmation Japan was rising rates. Would it dunp again, 20% when it’s already known for 2 weeks?
if it drops its fine it will come up eventually and if its more of a systemic risk then stocks will get decapitated as well
98% Probability means it’s already priced in wth are you on about.
So…what you’re saying is there’s gonna be a 20-30% firesale? Nice.
Thanks Japan 🇯🇵
If it’s 98% it’s already priced in
If so well known that this would/will happen. Why wouldn’t Saylor wait to buy more or Lee to buy more ETH (I would assume this would bring all of crypto down). I mean, I guess they could be waiting to buy more 🤔
Short it then, it’s 98% locked in. 😬
Most likely already priced in since it was pretty much confirmed last month that they were going to increase rates.