The Bank of Japan's move this time is indeed significant. Not only are they pushing for interest rate hikes, but they also plan to extend the rate hike cycle, with the target interest rate needing to surpass 0.75% before considering a pause. Next week is the time for the Bank of Japan's interest rate decision, and the market is all waiting for this result. Once the new policy is implemented, the pressure on Bitcoin may increase. Changes in central bank policies usually trigger re-pricing of risk assets, and an extended rate hike cycle means liquidity tightening will last longer, which may not be good news for high-risk assets led by Bitcoin. In the short term, Bitcoin's trend may face pressure.
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MetaverseHobo
· 2h ago
The Bank of Japan is really about to make a move, a 0.75% target is a bit aggressive. Bitcoin seems to be under a lot of pressure lately.
As central banks collectively raise interest rates, our coins have to take the hit too. When liquidity tightens, high-risk assets suffer the most.
Honestly, it's hard to stay optimistic in the short term unless the Bank of Japan suddenly changes its mind haha.
Next week's decision needs to be closely watched; it could be a watershed moment.
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LightningLady
· 12-13 16:51
Another rate hike? Is Japan the devil? Liquidity has already been drained, and yet they want to continue.
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AlphaBrain
· 12-13 16:32
The Bank of Japan is causing trouble again, and BTC will have to suffer alongside it.
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Is 0.75% really going to be this high? Liquidity is going to die.
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With the prolongation of the rate hike cycle, high-risk assets have to take the hits peacefully. After all, we're trading cryptocurrencies.
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I bet five dollars that next week's central bank decision will cause the market to explode.
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Every time the central bank acts, it's a nightmare for risk assets. No surprises this time.
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Liquidity tightening for so long, it's inevitable that Bitcoin will come under pressure. Are there any brave souls still willing to buy the dip?
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It's that time of year again—the central bank harvesting season. Are retail investors ready?
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The Bank of Japan's latest move is a bit harsh. BTC might have to take a breather in the short term.
The Bank of Japan's move this time is indeed significant. Not only are they pushing for interest rate hikes, but they also plan to extend the rate hike cycle, with the target interest rate needing to surpass 0.75% before considering a pause. Next week is the time for the Bank of Japan's interest rate decision, and the market is all waiting for this result. Once the new policy is implemented, the pressure on Bitcoin may increase. Changes in central bank policies usually trigger re-pricing of risk assets, and an extended rate hike cycle means liquidity tightening will last longer, which may not be good news for high-risk assets led by Bitcoin. In the short term, Bitcoin's trend may face pressure.