Japanese Carry Trade
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X @Michaël van de Poppe
Michaël van de Poppe· 2025-11-21 10:45
Massive crash at the last hours of trading in Japan.What's next for the coming 24 hours on #Bitcoin?Well, I think we'll continue to fall until US opens and then we'll see.Likely we'll be having a strong bounce up when it hits the low, the question is: where does it find a low?Well, the daily RSI hits the lowest number since August '23 and the COVID crash.Ultimately, all of this have to do with the Japanese Carry Trade.The rates need to go down in Japan otherwise we'll continue collapsing downwards.I'm looki ...