Analysts: If the Bank of Japan raises interest rates as scheduled, bitcoin may pull back to the level of 70,000 dollars
2025-12-14 10:49:59
Some macro analysts believe that if the Bank of Japan raises interest rates on December 19 as expected, Bitcoin may further pull back to the level of $70,000. Analyst AndrewBTC tracks historical data and says that every interest rate hike by the Bank of Japan since 2024 has been accompanied by a decline in Bitcoin price of more than 20%. For example, it fell by about 23% in March 2024, about 26% in July 2024, and about 31% in January 2025. If the Bank of Japan raises interest rates next week, similar downside risks may reappear.
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