$BTC 🔴 BEARISH
CryptoSlate reports: japanese financial institutions are offloading ¥2.6 trillion worth of overseas bonds, and there are key factors bitcoin holders should be monitoring as a result.
Japanese institutions liquidating ¥2.6 trillion in foreign debt may trigger yen repatriation flows, which historically tightens global liquidity and increases selling pressure across risk assets including BTC. With BTC already down 2.92% on elevated volume (×1.52) and RSI at oversold levels on the 1H chart, traders are monitoring whether this capital rotation amplifies current selling momentum.
BTC trades at 83107, -2.92% over 24h.
Anyone catching this, or is everyone waiting for the floor?
📉 #Altcoins #Crypto $HEMI $LAZIO
CryptoSlate reports: japanese financial institutions are offloading ¥2.6 trillion worth of overseas bonds, and there are key factors bitcoin holders should be monitoring as a result.
Japanese institutions liquidating ¥2.6 trillion in foreign debt may trigger yen repatriation flows, which historically tightens global liquidity and increases selling pressure across risk assets including BTC. With BTC already down 2.92% on elevated volume (×1.52) and RSI at oversold levels on the 1H chart, traders are monitoring whether this capital rotation amplifies current selling momentum.
BTC trades at 83107, -2.92% over 24h.
Anyone catching this, or is everyone waiting for the floor?
📉 #Altcoins #Crypto $HEMI $LAZIO