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via BeInCrypto · By BeInCrypto Editorial

Bank of Japan’s 1% Rate Hike Could be Critical for Bitcoin

BTC

BTC/USDT

$79,754.06

+0.46%

$79,754.06

+0.46%

(24s)

24h Volume

$10,794,306,595.31

24h H/L

$79,877.07 / $78,660.00

Change: $1,217.07 (1.55%)

Long/Short

53.0%

Long: 53.0%Short: 47.0%

Funding Rate

-0.0009%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,682.25

▲ 0.03%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,810.13

Price$79,682.25

Support 1$79,635.96

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

BeInCrypto Editorial

(10:09 AM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

The Bank of Japan (BoJ) is expected to raise its key short-term policy rate from 0.75% to 1.0% on June 15-16, the highest level in nearly three decades and a potential new headwind for Bitcoin.

What history shows, and how global liquidity could weigh on Bitcoin and crypto markets in the coming weeks?

🚨 BANK OF JAPAN RATE HIKE ALERT!
The Bank of Japan is expected to raise interest rates to 1% this…

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BeInCrypto Editorial · BeInCrypto

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