Hi guys,
I play with the idea of watching a couple of usd / jpy and at the same time yields from ten-year bonds of both countries. These two quantities correlate strongly, and when there is the difference and Japanese yen starts to strengthen, it could mean that they are going to buy more bitcoin in Japan. What do you think about it?
Quite possible. But I would not begin to experience on this occasion. It can be Japanese yen simply becomes stronger on a background economic news from Japan.