THIS IS BAD.
The Bank of Japan is expected to hike rates again on June 16th.
And every time the BOJ has hiked in the past, Bitcoin has dumped:
March 2024: $BTC dropped 18%.
July 2024: BTC dropped 30%.
January 2025: BTC dropped 31%.
December 2025: BTC dropped 32%.
Some of those drops hit right away, others took 2-4 weeks to play out.
Will the pattern repeat, or is this time different?
BTCUSDT
Trvl
61,827.4
-2.24%