The Bank of Japan's interest rate hike decision on December 19 has been essentially finalized. This 25 basis point adjustment could trigger a chain reaction in the crypto market. As one of the major holders of US Treasuries, the BoJ's monetary policy often stirs global liquidity.

Interestingly, if you review Bitcoin's historical trends, you'll notice a clear pattern—every time the Bank of Japan announces a rate hike, BTC tends to suffer.

Looking at the numbers specifically: after the March 2024 rate hike, Bitcoin directly dropped 23%. Then in July, there was another 26% decline. The most severe was in January this year, when the central bank's rate hike caused BTC to plunge by 31%. Three events, three double-digit declines—this is no coincidence.

The current question is, with the next rate hike already imminent, will the market repeat this script? From a technical perspective, the $70,000 level is indeed under significant pressure.

This round may not be a simple correction. If history repeats itself, the decline could be even more severe. It's time to prepare and consider strategies now.