Mostafa Alsawy retweetet
Mostafa Alsawy
13.9K posts

Mostafa Alsawy
@_ilv44
التحديات تبني العظماء ..♥️ (Fan account)
قنا, مصر Beigetreten Haziran 2022
21.9K Folgt33.3K Follower
Mostafa Alsawy retweetet
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We will catch the Bitcoin bottom.
That's where we start opening up huge trades on #Bitcoin.
You can copy trade me here 👉 t.me/alphacartelset…
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Mostafa Alsawy retweetet

🚨READ THIS TILL THE END
USD/JPY has just crossed a Danger Level.
Today, USDJPY pumped above 160 for the first time since July 2024.
This does look like a nothing burger until you remember what happened last time.
In July 2024, USDJPY crossed 160.
Bank of Japan intervened by selling dollars and buying Yen.
This made Yen stronger and caused Yen Carry Trade unwind.
For those who don't know, Japan has been a cheap source of funding for global investors due to low yield.
This started to change in 2024 when BOJ did first rate hike.
When a rate hike happens, Yen usually gets stronger which causes investors to pay more on their debt.
And that's exactly what happened in July 2024 when yen strengthened after BOJ intervention.
In 3-4 weeks, USDJPY dropped almost 13%, which forced investors to sell their assets.
During this timeframe, Bitcoin crashed almost 30% while S&P 500 dumped 10%.
Now if BOJ intervenes again, a similar story could repeat.
Pray for Crypto.


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