🚨Japan's decision may pressure Bitcoin!
The Bank of Japan is preparing to raise interest rates by +25 basis points on December 19 🇯🇵, and Japan is the largest holder of U.S. government debt… making the decision very sensitive for the markets.
📉 Historically, the result has been clear:
Every interest rate hike by the Bank of Japan = sharp decline in Bitcoin
March 2024 ⬅️ -23%
July 2024 ⬅️ -26%
January 2025 ⬅️ -31%
And now… a new hike looms on the horizon 👀
The yen's unwinding continues, and global liquidity is under pressure.
The market may anticipate the event as usual… and caution is necessary. ⚠️₿
BTCUSDT
Perp
88,566.9
-1.74%