Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns


 The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.

  • BOJ's Uchida downplayed rate hike concerns amid market volatility.
  • The anti-risk yen slides while BTC and stock futures rise after Uchida's comments.
  • The renewed risk-on hints at a possible bitcoin death cross bear trap.
Previous Post Next Post