Bitcoin Hits New ALL TIME HIGH: Here’s WHY (Japan Economy Imploding)

Bitcoin Hits New ALL TIME HIGH: Here’s WHY (Japan Economy Imploding)

breaking. Bitcoin just hit a brand new all-time high. But where does Bitcoin go from here now? Are we going to smash past $110,000? Or are the bears going to get back in control because you see all these red candles? Well, I have the charts and I have the data. So, what’s the next move for Bitcoin? Are we going to continue creating new all-time highs and smash past 110K? Or was this a top and are the bears about to be in control? I have a Bitcoin price prediction for you. I have the charts and I have the data. Now, the top reason I’ve identified for why Bitcoin continues to have buyers even though it hit a new all-time high is the dire situation that’s happening over in Japan. It’s like Magoo says, “I’m not sure if anyone has noticed, but Japan is currently imploding and everyone is running to hard assets.” And by hard assets, they mean things like Bitcoin and gold. Now, the reason why is what’s happening to Japanese yields on their long-term treasuries. These are the yields for their 30-year notes and their 40-year notes. Now, what’s happening to the Japanese bond market is unbelievable. For the second day in a row, Japan’s bond market is bidless with both 30-year and 40-year Japanese yields at record highs. Meanwhile, as the world’s second biggest bond market is imploding, the Bank of Japan is pretending nothing is happening. So, the government of Japan, to meet its payroll and pay for its services, they are selling debt and promising to pay people back 30 years later or 40 years later. But the problem is no one is wanting to buy this bad debt. Now, here’s Crypto Rand’s take. Japan literally has a choice. They either print more money and then buy their own debt and deal with inflation, or they raise rates and collapse the financial system and their own economy. No other options that I can see. So, no government obviously wants to collapse their economy, but what they will do is print more and more money, slowly making your money more and more worthless. Here’s a quick breakdown. The date, April 14th, 2025, will be etched in the annals of Japan’s financial history. It was on this day that the country’s super long government bond yields, specifically the 20-year and 30-year yields, registered their most significant single-day jump in recent memory. This surge in yields, a clear indication of growing investor anxiety, has cast a spotlight on the underlying vulnerabilities of the Japanese economy. So essentially, more and more investors are uncertain Japan can pay down their debts 20, 30, or 40 years from now. And to further complicate matters, it looks like they’re actually going to create some tax cuts, which would then make it even more difficult to pay down this debt in the long term. However, though, Prime Minister Shigaru Ishiba has resisted these calls for lowering taxes. He’s telling Parliament that Japan’s fiscal situation was worse than that of Greece at the height of the European debt crisis. And some are saying the Japanese bond situation is just the start of more and more currencies starting to fail, which is then going to be more and more bullish for hard assets like Bitcoin. But now let’s go ahead and look at some Bitcoin numbers. Now what we’re going to look at is the Binance liquidation heat map. So this is leverage orders on Binance and the bright yellow lines are where leverage traders are going to get liquidated. Here you can see $123 million will be liquidated if Bitcoin can hit above 110K. And so when you go from the 24hour to the 3-day, you start to see some important levels. Looks like a lot of liquidations are going to be starting right above 110K with a potential liquidity squeeze all the way up to a little above $111,000. But now let’s go to the charts. Now looking at the Bitcoin 5minute chart, you can see a lot of activity and a lot of volatility today. So let’s zoom out a little and let’s go to the 1 hour chart on Bitcoin. Now, on this 1 hour chart, I’ve identified a key resistance line for you to pay attention to if you’re looking to take some short-term profits on your Bitcoin trades. Now, you can see we got a slight rejection at the moment, but this trend line is actually probably the next level I’m going to be paying attention to. This trend line starts all the way back at the tail end of April, April 23rd. Came, it touched it again around April 25th, and then it came and retested this line on four distinct occasions. And so this trend line is going to be, you know, maybe one of the first places I would be looking to, you know, maybe do a little bit of a scalp short on Bitcoin. Uh, looks like, you know, still some room to the upside. And if you look at the prices, that is right around where the liquidation heat map is also showing a lot of important levels. So simply put, I just would not be surprised to see Bitcoin get rejected at about $112,000. So that’s your short-term price action for Bitcoin. Let me know what levels you think Bitcoin could reach in 2025. We’re going to be doing some year-end price predictions later on as well. I’m Deezy and hopefully I’ll see you in your Bitcoin bags at the top.

Deezy goes over Bitcoin hitting all-time-high! What is fueling this rally and more importantly, what is the next move for BTC?
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We look at Japan’s economy, key liquidation levels, and of course, the charts!

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Our videos are sponsored & include affiliate content. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. We never keep our entire portfolio on an exchange.

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