**Japan's Interest Rate Move: A Macro Event to Watch šÆšµ**
The Bank of Japan is poised to raise interest rates by 0.25%, a move that could have significant implications for global markets.
One key factor to consider is Japan's large holdings of U.S. government debt šø. When interest rates rise, money can flow back towards Japan, reducing overall liquidity in the market.
**The Impact on Bitcoin āļø**
Riskier assets like Bitcoin often feel pressure when liquidity tightens š. With less money circulating in global markets, Bitcoin's price may drop as well.
Historical data shows a strong correlation between the Bank of Japan's rate hikes and Bitcoin's performance š:
ā¢ March 2024: BTC dropped around 23%
ā¢ July 2024: BTC dropped around 26%
ā¢ January 2025: BTC dropped around 31%
**Market Volatility Ahead? šØ**
While past outcomes don't guarantee future results, the data suggests that this event has a history of affecting Bitcoin's price.
If sellers gain control, Bitcoin could drop to $70,000 or lower ā¬ļø.
**PandaTraders: Reading Market Liquidity and Structure š**
Our team at PandaTraders focuses on providing accurate analysis ahead of market moves. Follow us for daily insights into Bitcoin's liquidity, structure, and macro events.
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