17 hours ago
CoinRank
CONTENT
According to Cointelegraph, some macro analysts warn that if the Bank of Japan raises interest rates as expected on December 19, Bitcoin could face another pullback, potentially slipping toward the $70,000 level.
Analyst AndrewBTC, citing historical data, notes that since 2024 every BOJ rate hike has been followed by a Bitcoin decline of over 20%: roughly 23% in March 2024, 26% in July 2024, and about 31% in January 2025. If another hike materializes next week, markets may need to brace for a similar magnitude of downside risk once again.
WRITER’S INTRO
