🇯🇵 Japan Interest Rate Decision & $BTC
👉 Bank of Japan is expected to raise rates again on June 16.
Here’s what happened after the previous rate hikes:
March 19, 2024 -> $BTC -23%
July 31, 2024 -> $BTC -26%
January 24, 2025 -> $BTC -28%
December 19, 2025 -> $BTC +14%
So, as you can see, it’s mostly bearish for $BTC
Now June 16, 2026 -> $BTC ???
I still think $BTC has a good chance of making new lows this month 📉 🤷♂️
BTCActivation price $63,828Direction ShortType DirectionalTimeframe Mid
Max Favorable +9.0%Max Adverse −5.4%Opportunity 0.59Time 0.59Magnitude 0.59Score 0.57
$BTC 1D chart
Consolidating below Support is not very bullish 😑 https://t.co/q6rZziH3ll
BTCActivation price $62,913.68Direction ShortType DirectionalTimeframe Mid
Max Favorable +8.1%Max Adverse −7.0%Opportunity 0.54Time 0.39Magnitude 0.54Score 0.46
$BTC is still trading above the Realized Price
Every Bear Market $BTC goes well below it 📉
The big breakdown hasn’t happened yet. Get ready 😏 https://t.co/6T21UYBODB
BTCActivation price $63,874Direction ShortType DirectionalTimeframe Mid
Max Favorable +9.5%Max Adverse −5.4%Opportunity 0.58Time 0.74Magnitude 0.58Score 0.59
Another good looking one - $FET
The same 'Inverse Head and Shoulders' reversal pattern https://t.co/frBM8I7BqD
FETActivation price $0.23Direction LongType DirectionalTimeframe Mid
Max Favorable +25.1%Max Adverse −29.3%Opportunity 0.91Time 0.29Magnitude 0.91Score 0.62
$EIGEN 1D chart
Printed a nice looking inverse Head and Shoulders pattern at the bottom 🧐
Pay attention to this one https://t.co/6rpkhVSdt8
EIGENActivation price $0.25Direction LongType ConditionalTrigger Hold Above 0.234Timeframe Mid
Max Favorable +26.3%Max Adverse −39.1%Opportunity 0.59Time 0.10Magnitude 0.59Score 0.48