The Bank of Japan is scheduled to make a policy announcement tomorrow. Historically, Bitcoin has experienced significant downturns following their rate hikes.
This trend has been observed multiple times in the past. Previous hikes in March, July, and January resulted in notable price drops for BTC.
The next announcement is on December 19th. Traders are watching closely to see if this historical pattern will repeat.
With Bitcoin currently trading around $70K, this event could be a key catalyst. Investors are on alert for potential market volatility.
