The Bank of Japan raises interest rates by 25 basis points. If there are no surprises, look for an opportunity to short.

Many people think that the money in the financial markets comes from Americans, but in fact, a large proportion comes from Japanese government bonds, which are used as collateral by banks. Banks lend out US dollars, and Japan has no foreign exchange controls, with borrowing interest rates extremely low, close to 0%. When the Bank of Japan raises interest rates, funds flow back, and capital flows out of the financial markets. Generally speaking, this is bearish. Whether the bearish signal turns into a bullish one remains to be seen, as Bitcoin has already fallen for over two months.