Well, folks, grab your popcorn and hold onto your wallets because Bitcoin is taking us on a rollercoaster ride this weekend! 🎢 The cryptocurrency is under so much pressure, it might just crash harder than a bad stand-up comedian at a funeral-potentially plummeting to a whopping $75,000 just in time for the Bank of Japan’s big interest rate decision. Talk about timing! ⏰
Bitcoin (BTC), the granddaddy of cryptocurrencies, is stuck at that psychological barrier of $90,000. And let me tell you, that’s about 29% below its highest point this year-like trying to get out of a pool of Jell-O! 🥴
Now, brace yourselves, because the coin might take a nosedive this week as investors eagerly await the Bank of Japan’s rate hike on December 19. According to Polymarket, there’s a staggering 98% chance they’ll raise rates by 5 basis points to combat that pesky inflation. Inflation? More like “in-flation” for our portfolios! 💸
And why should we care about this upcoming BoJ rate hike? Well, first off, it shows they’re doing their own thing while Prime Minister Sanae Takaichi prefers to keep interest rates low-talk about a family feud! 👨👩👦
Second, this rate hike comes just after the Fed decided to slash rates by 25 basis points, making it a real game of financial leapfrog! 🤹♂️ The gap between the Fed and BoJ often leads to the unwinding of the carry trade that’s been around longer than grandma’s secret cookie recipe. 🍪
And third, history has shown us that when the BoJ raises rates, Bitcoin tends to drop like it just heard a terrible joke. The most epic plunge happened last year when the bank hiked rates for the first time in decades-Oh, the humanity! 😱
🚨 BREAKING: JAPAN WILL CRASH $BTC
Bank of Japan is set to hike rates +25 bps on Dec 19. Japan = largest holder of US government debt 🇯🇵
📉 Check out the $BTC chart:
Every BoJ rate hike → Bitcoin dumps over 20%+👇
• March 2024 → -23%
• July 2024 → -26%
• January 2025 →…– AndrewBTC (@cryptoctlt) December 13, 2025
Meanwhile, the Federal Reserve is guiding us towards just one rate cut in 2026-much lower than what analysts were hoping for. It’s like expecting a big birthday cake and getting a cupcake instead. 🧁 While Trump may put a puppet in charge of the Fed, there’s hope that other officials will play the role of sensible adults in the room. Three Fed officials dissented in the last meeting, and who knows? That trend might just continue next year! 🤷♂️
Bitcoin Price Technical Analysis
Technical analysis says Bitcoin is not done with its downward spiral just yet. It’s already formed a death cross pattern on the daily chart-sounds scary, right? Like a horror movie but without the popcorn! 🍿
Bitcoin is currently working on a bearish flag pattern, which is kind of like waving the white flag, but less friendly. This pattern usually means more downside is coming, folks! 📉
BTC remains below the Ichimoku cloud and Supertrend indicators-a sure sign that the bears have taken over like they’re at a picnic with all the honey! 🐻 So, unless it pulls off a miracle, expect it to keep falling, with the initial target being the November low of $80,000. A drop below that? Well, that points to further decline, potentially hitting a support level of $74,500-the lowest level since April this year! Yikes! 😬
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2025-12-14 14:52