BoJ still holds interest rates at 0.25%. Nothing will happen in the Asian session
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Saberial
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Thursday Japan/BOJ will announce interest rates. 70% interest rates remained at 0.25%, 29% interest rates rose 0.10% and 1% interest rates fell 0.05%. If interest rates rise, then risk assets such as $BTC , $ETH , $SOL will fall significantly. Why? because Japan's carry trade is very large, reaching trillions of dollars. If interest rates remained at 0.25% nothing would happen. If interest rates fall, BTC will go towards 100k, ETH 6k, and SOL 400.
Thursday Japan/BOJ will announce interest rates. 70% interest rates remained at 0.25%, 29% interest rates rose 0.10% and 1% interest rates fell 0.05%. If interest rates rise, then risk assets such as $BTC , $ETH , $SOL will fall significantly. Why? because Japan's carry trade is very large, reaching trillions of dollars. If interest rates remained at 0.25% nothing would happen. If interest rates fall, BTC will go towards 100k, ETH 6k, and SOL 400.
Wholesale inventory fell and the house price index rose. This is bad for BTC, my prediction was wrong. At 01:00 (UTC+7) the RRP will increase. At the end of this month BTC will be sideways in the 73-70 area
Don't fomo guys! Today there is a report on JOLTS and house prices. But consensus is down. BTC will drop to $70k before economic data announcements. After the economic data announcement $BTC will rise to $75k.
Don't fomo guys! Today there is a report on JOLTS and house prices. But consensus is down. BTC will drop to $70k before economic data announcements. After the economic data announcement $BTC will rise to $75k.
Thursday Japan/BOJ will announce interest rates. 70% interest rates remained at 0.25%, 29% interest rates rose 0.10% and 1% interest rates fell 0.05%. If interest rates rise, then risk assets such as $BTC , $ETH , $SOL will fall significantly. Why? because Japan's carry trade is very large, reaching trillions of dollars. If interest rates remained at 0.25% nothing would happen. If interest rates fall, BTC will go towards 100k, ETH 6k, and SOL 400.
$BTC spot ETFs had a net inflow of $998 million from October 21 to October 25 last week, BlackRock ETF IBIT had a net inflow of $1.15 billion, and ARK 21Shares Bitcoin ETF ARKB had a net outflow of $206 million. Ethereum spot $ETH had a net inflow of $78.89 million last week.
Blackrock, Fidelity, Invesco continue to buy $ETH . When the price of $ETH was very weak and fragile, they quietly accumulated. Don't sell your ETH. Don't let fund managers control supply.
$BTC can go straight to 71k and will retest at 70k, or it will retest to 65k before going up to 70k.
$SOL can immediately rise to 180 or retest at 146 and rise to 164.
$SUI can immediately rise to 2.9 or retest at 1.81.
The first scenario will occur if there are no interruptions and will occur within 2 weeks. The second scenario will occur if a war occurs, but this war will not be prolonged.
Don't just focus on the charts. Pay attention to the fundamentals and economic conditions of major countries. Why is knowing the situation of big countries so important? Because crypto is an international asset class like gold. BTC is very sensitive to the economic conditions of large countries. Like the case of Japan raising interest rates, BTC fell 23% in 3 days. If many large countries have good economies, then BTC is not an option. However, if the country's economy is bad, BTC is an option.
Why do I say war will happen? Because Gold did not fall for 4 consecutive days
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Saberial
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Bullish
There are 2 possible movements of BTC, SOL, SUI.
$BTC can go straight to 71k and will retest at 70k, or it will retest to 65k before going up to 70k.
$SOL can immediately rise to 180 or retest at 146 and rise to 164.
$SUI can immediately rise to 2.9 or retest at 1.81.
The first scenario will occur if there are no interruptions and will occur within 2 weeks. The second scenario will occur if a war occurs, but this war will not be prolonged.
$BTC can go straight to 71k and will retest at 70k, or it will retest to 65k before going up to 70k.
$SOL can immediately rise to 180 or retest at 146 and rise to 164.
$SUI can immediately rise to 2.9 or retest at 1.81.
The first scenario will occur if there are no interruptions and will occur within 2 weeks. The second scenario will occur if a war occurs, but this war will not be prolonged.