#BTC86kJPShock Bitcoin retraces to 86,000 USD after the “Japanese shock”: the expectation of an interest rate hike by the Bank of Japan strengthened the yen and triggered the liquidation of risk positions, directly affecting the crypto market.

Context of the movement

- Rapid drop: BTC fell from 92,000 to 86,000 USD in a matter of days.

- Main cause: Signals from the Bank of Japan of a possible increase of 0.25% in the benchmark rate this December.

- Global impact: The strengthening of the yen caused a “carry trade unwind,” draining liquidity from speculative assets like Bitcoin.

- Asian markets: The pressure also came from weak data in China and ETF outflows, intensifying the correction.

Technical reading

- Immediate support: Zone of 85,000–86,000 USD, where whales have started to accumulate.

- Bearish risk: Bearish flag patterns project possible declines towards 67,000 USD if the pressure continues.

- Liquidations: More than 650 million USD in long positions were recorded during the drop.

- Miners and sales: Miners reduce sales while institutional buyers take advantage of the correction.

Keys for the community

- The “Japanese shock” reminds us that global monetary policy directly impacts BTC.

- The narrative of digital refuge is being tested against movements in traditional currencies.

- Traders should watch December 19, a key date for the BOJ meeting.

Final message

“#BTC86kJPShock marks how a shift in Japan can shake the global market. The strength of the yen and the expectation of interest rate hikes test the support at 86k. Will this be the beginning of a deeper correction or a strategic accumulation opportunity?”