The Bank of Japan will decide whether to raise interest rates this Thursday or Friday. Currently, the probability of a rate hike has reached 98%, which is probably a certainty.
What about the impact on the crypto market? The answer is very clear: bearish.
This means Bitcoin breaking below the trend line, Ethereum breaking below the 4-hour long-short dividing line, possibly due to the rate hike in Japan.
A sharp decline would allow large traders to acquire lower-priced chips, which is a good opportunity for market manipulation.
The US currently has an interest rate of 3.75%. If Japan raises it
View OriginalWhat about the impact on the crypto market? The answer is very clear: bearish.
This means Bitcoin breaking below the trend line, Ethereum breaking below the 4-hour long-short dividing line, possibly due to the rate hike in Japan.
A sharp decline would allow large traders to acquire lower-priced chips, which is a good opportunity for market manipulation.
The US currently has an interest rate of 3.75%. If Japan raises it































