ANALYSIS: A FURTHER BOJ RATE HIKE COULD TRIGGER A NEW DOWNSIDE CYCLE FOR BITCOIN

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According to Cointelegraph, some macro analysts warn that if the Bank of Japan raises interest rates as expected on December 19, Bitcoin could face another pullback, potentially slipping toward the $70,000 level.

Analyst AndrewBTC, citing historical data, notes that since 2024 every BOJ rate hike has been followed by a Bitcoin decline of over 20%: roughly 23% in March 2024, 26% in July 2024, and about 31% in January 2025. If another hike materializes next week, markets may need to brace for a similar magnitude of downside risk once again.

#BTC #CryptoMarket

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