Whenever there’s a shift in the macro picture, watch the broader market first: $BTC .
Bank of Japan Policy Board member Toichiro Asada: Given that the BOJ’s policy rate is currently within the estimated range for the neutral interest rate, further rate hikes could have a greater impact on the economy—the greater the macroeconomic uncertainty, the more inclined the market is to sit on the sidelines, and trading volume will fall accordingly.
Bad news isn’t that frightening; what’s frightening is betting it won’t snowball while using high leverage.
#BTC
Bank of Japan Policy Board member Toichiro Asada: Given that the BOJ’s policy rate is currently within the estimated range for the neutral interest rate, further rate hikes could have a greater impact on the economy—the greater the macroeconomic uncertainty, the more inclined the market is to sit on the sidelines, and trading volume will fall accordingly.
Bad news isn’t that frightening; what’s frightening is betting it won’t snowball while using high leverage.
#BTC
