Is the Bank of Japan Secretly Crushing Bitcoin?
Japan owns more US debt than anyone else. And guess what? Whenever they bump up their interest rates, Bitcoin takes a massive hit.
Check out these drops right after their hikes:
- March 2024: Down 23%
- July 2024: Down 30%
- January 2025: Down 31%
The next rate hike is set for December 19.
If this trend keeps going... we're loading up for a drop to $70K.$BTC
#BTC #bitcoin #JapanCrypto #BankOfJapan #Market_Update
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