Japan does not move markets often, but when it does, the impact is rarely local.
Each recent Bank of Japan rate hike has lined up with a meaningful Bitcoin drawdown, not because Japan sells BTC, but because tighter Japanese rates drain global liquidity and unwind carry trades.
March 2024 saw a roughly 23 percent pullback. July 2024 followed with about 26 percent. January 2025 dropped close to 31 percent.
Another hike is expected in December. That does not mean an immediate crash, but it does increase downside risk if liquidity tightens again.
A move toward the 70k area would not be irrational in that context. It would simply follow the same macro pattern Bitcoin has respected before.
$ORDI pushed strongly from the 3.90 area and is now consolidating just under recent highs. This type of sideways movement after expansion usually reflects profit taking, not distribution.
The key level to watch is 4.30–4.35 as short term support.
Holding that zone keeps the trend intact. Failure to hold it could pull price back toward the 4.00 region.
In the second half of 2025, Bitcoin diverged sharply from US equities, falling nearly 18% over six months while the Nasdaq rose 21%, the S&P 500 gained 14.35% and the Dow climbed 12.11%.
Strategy CEO Phong Le says they raised $1.44 billion in 8 days to address the FUD and show people that they're still able to raise money during a #bitcoin down cycle.
🔥 BULLISH: Pakistan’s crypto regulator says the country is embracing Bitcoin as economic infrastructure and using its 20 GW energy surplus for $BTC mining and AI, predicting emerging markets will lead the next wave of adoption.