Japan's yen defense marked every Bitcoin drop this year, an analyst warns. Here are the scenarios now in play.

Fibonacci Retracements Explained: How to Spot Key Reversal Levels in 2026 Bitcoin is retesting $60,000 as USD/JPY nears the same danger zone that preceded the August 2024 carry-trade unwind. A sudden ...

Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.