$BTC
December 19, the Bank of Japan announces its decision on interest rates. Polymarket shows nearly a 100% probability of a 0.25% increase.
Each increase by the Bank of Japan has severely affected Bitcoin:
馃敼 March 2024: BTC -22%
馃敼 July 2024: BTC -25%
馃敼 January 2025: BTC -30%
But will it be the same this time? I don't think so. Before this meeting of the Bank of Japan, Bitcoin had already been down for more than 70 days. The market has absorbed most of the risk, setting the stage for a possible rebound.
Meanwhile, Japan has exited negative rates and has raised them three times in 2024. This increase is more a signal of liquidity than a structural risk.
BTC
87,742
+1.06%
BNB
862.4
-0.48%
ETH
2,945.26
+0.49%