This Friday, Japan will crash the markets ???

April 29, 2024: $BTC fell by 23%

May 1, 2024: $BTC fell by 26%

July 11, 2024: $BTC fell by 31%

The next yen intervention is scheduled for this Friday.

Yen intervention is not new to the currency market.

This is a story about liquidity.

Every time Japan intervenes in this process, it spends HUGE amounts, usually between 2.5 to 5 trillion yen.

It's a real shock, and it affects the markets through capital flows, not through news headlines.

Japan is the center of cheap money, so people borrow yen and buy everything else with it.

When Japan defends the yen, trading cheap money is forced to stop in a very short time.

That's why we see a rapid market collapse, and cryptocurrencies are the first to experience a sharp jump. #JapanCrypto