@Bluechip could share insights on CLOUSDT is it above to create a bullish reversal or is there going to further bearish downtrend
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Bluechip
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Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike
Bank of Japan rate hikes have consistently aligned with deep Bitcoin corrections:
• March 2024: −23.06%
• July 2024: −26.61%
• January 2025: −31.89%
On December 19, markets face a high probability of another rate hike from the Bank of Japan, a move that threatens to drain liquidity aggressively from global markets, especially high-risk assets.
⚠️ Pay attention: after the latest breakdown, market conditions are no longer healthy.
$BTC
Bank of Japan rate hikes have consistently aligned with deep Bitcoin corrections:
• March 2024: −23.06%
• July 2024: −26.61%
• January 2025: −31.89%
On December 19, markets face a high probability of another rate hike from the Bank of Japan, a move that threatens to drain liquidity aggressively from global markets, especially high-risk assets.
⚠️ Pay attention: after the latest breakdown, market conditions are no longer healthy.
$BTC
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