🚹 Bitcoin Faces Japan Rate Hike – Is the Market Worried for No Reason? đŸ‡ŻđŸ‡”đŸ’č

$BTC

Next week, the Bank of Japan is expected to hike interest rates, and many traders fear a Yen surge + carry trade unwind could hurt Bitcoin.

But here’s the real story 👇

đŸ”č The Yen isn’t likely to suddenly pump — because big traders are already bullish on JPY.

đŸ”č A surprise carry-trade crash is very unlikely right now.

đŸ”č The real risk? Rising Japanese bond yields may push global yields higher, which usually puts pressure on risk assets like crypto.

So while people are panicking about the Yen


👉 The bigger thing to watch is global bond yields.

What do you think —

Will $BTC stay strong or will global rate pressure hit crypto again? đŸ€”

#Bitcoin #CryptoMarket #BTCAnalysis #JapanEconomy #CryptoNews