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Analyst: If the Bank of Japan raises interest rates as scheduled this month, Bitcoin may see a pullback to $70,000

2025.12.14 18:59:09

December 14 — A Cointelegraph report notes several macro analysts believe Bitcoin could further correct to the $70,000 level if the Bank of Japan (BOJ) raises interest rates as expected on December 19. Analyst AndrewBTC pointed out that, per historical data, every BOJ rate hike since 2024 has coincided with a Bitcoin price drop of over 20%: roughly 23% in March 2024, around 26% in July 2024, and approximately 31% in January 2025. Should the BOJ hike rates next week, similar downside risks may resurface.
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Fed’s Goolsbee: No objections to interest rate cuts if there’s conclusive evidence inflation is falling back to 2%

Federal Reserve's Austan Goolsbee stated that he has no objection to interest rate cuts if there is conclusive evidence showing inflation is falling back to the 2% target.

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Whale entity Garrett Jin closed out his long Bitcoin position 20 minutes ago, earning a profit of $8.38 million.

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