Bitcoin does not drop, it is eliminating your debts
Attention
What is happening now is not a collapse as some depict on the chart, but rather the largest global liquidity reset operation in years. Those who watch Bitcoin's price away from Japan's macro are reading a book in the wrong language
Behind the scenes: Takaichi's trap
Takaichi's victory in Japan was not just a political news; it was a signal for the return of the yen to its homeland. The massive funds that were flowing into Bitcoin ETFs in America have begun to quietly withdraw to catch up with the yields of Japanese bonds. We are not facing a problem with Bitcoin as an asset, but we are facing a temporary 'thirst crisis' in global liquidity
Why is this massacre necessary?
The market was burdened with debt; Bitcoin cannot break historic peaks while carrying $50 billion in open contracts.
The whales used the Tokyo shock as an excuse to hit the liquidation areas between $68,000 and $70,000.
And the result? A billion dollars of financial leverage was wiped out in one session, and the debt decreased to $20 billion.
This is called market washing; the upcoming rise has now become apparent.
Clean and driven by real cash, not by debt.
And the fragile financial leverage.
The summary:
Japan, which shook the market today with its elections, is the same country that has the most mature regulations to support Web3. We are going through a phase of forced unloading. Smart liquidity is now taking a deep breath before the next wave.
A piece of advice: don't be the liquidity that whales feed on. Monitor M2 and leave the small chart for beginners.
My question is for professionals only.
Do you think Bitcoin will finally succeed in decoupling from the decisions of the Japanese central banks and the Federal Reserve to become an independent haven, or are we destined to remain prisoners of paper liquidity cycles?
Let us hear your opinions. The market is now only for cool-headed individuals!
