X @Michaël van de Poppe
Michaël van de Poppe·2025-12-17 22:11

Ultra bad markets, I know.Few things to consider:- Tody was VIX expiration day, usually a net negative day for the Nasdaq.- Friday is the BoJ event where they'll announce a rate hike.This event has been providing negative price action (a massive one) for $BTC in the past.Given that this has happened twice, traders are anticipating that this will happen again and therefore, I think that we're seeing a selloff already frontrunning the event.I don't think the event itself is bearish, so would say 1-2 day more ...