Bitcoin Price Prediction: Analysts Warn BTC Could Slide Toward $70K if Bank of Japan Hikes Rates on Dec. 19

Bitcoin Price Prediction: Analysts Warn BTC Could Slide Toward $70K if Bank of Japan Hikes Rates on Dec. 19

Bitcoin could slide toward $70K as Bank of Japan prepares rate hike, analysts warn, citing historical 20%+ drops after BOJ decisions.

Bitcoin Could Drop to $70K as Hawkish BOJ Signals Market Risks—Macro Analysts Warn

Bitcoin Faces Potential Drop to $70,000 Ahead of Bank of Japan Rate Hike Bitcoin (BTC) could experience a significant correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with its anticipated interest rate hike on December 19. Analysts warn that such a move from Japan’s central bank could tighten global liquidity, exerting downward pressure on Bitcoin and other risk assets amid shifting macroeconomic conditions. Key Takeaways …

Bitcoin May Slide to $70K Amid Japan Rate Hike Pressure

Bitcoin faces potential drop to $70K as Bank of Japan hints at a rate hike.

Bitcoin Faces Pressure as BOJ Rate Hike Looms

Bitcoin is once again under pressure as global markets increasingly price in a near-certain Bank of Japan (BOJ) interest rate hike at its upcoming December 1819 policy meeting. Traders now expect the BOJ to raise rates by 25 basis points to 0.75%, a move that would mark Japans highest policy rate in nearly 30 years and tighten global liquidity conditions. This shift in monetary policy is weighing on risk assets, including cryptocurrencies, as in…

Bitcoin Faces $70K Risk as BoJ Rate Hike Looms, Analysts Warn

Why Would a Bank of Japan Hike Hit Bitcoin? Bitcoin could extend its correction toward the $70,000 region if the Bank of Japan moves ahead with a rate increase on Dec. 19. Several macro-focused analysts argue that BoJ tightening drains global liquidity, and past policy shifts have lined up with sharp Bitcoin pullbacks. A Reuters survey last week showed most economists expecting another hike at the December meeting. If that happens, analysts say …

Bitcoin Faces Potential Plummet with Japanese Policy Shift

Bitcoin's downturn is linked to expected Japanese monetary policy changes. Historical data indicates significant price drops follow BoJ rate increases. Continue Reading:Bitcoin Faces Potential Plummet with Japanese Policy Shift The post Bitcoin Faces Potential Plummet with Japanese Policy Shift appe...