🍂 **Prepare for Autumn!** 🍂
The interest rate decision of the Bank of Japan is expected to be announced this Friday at 03:00 UTC.
The market largely predicts there will be an interest rate hike.
Will Bitcoin react similarly to previous rate hikes? 🤔
1️⃣ **First interest rate hike:** Occurred on 25/07/2024. Bitcoin dropped 27% in the following 7 days.
2️⃣ **Second interest rate hike:** Happened on 31/01/2025. Bitcoin also recorded a decrease of about 27% in just 20 days.
Do you predict we will see another price drop after this decision? 👇
