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via BeInCrypto · By BeInCrypto Editorial

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

BTC

BTC/USDT

$84,010.27

-0.73%

$84,010.27

-0.73%

(24s)

24h Volume

$14,538,876,661.62

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

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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