Bitcoin Value Prediction: Analysts Warn BTC May Slide Towards $70K if Financial institution of Japan Hikes Charges on Dec. 19

Macro analysts are cautioning that Bitcoin may decline towards $70,000 because the Financial institution of Japan prepares to implement a 25-basis-point price enhance on December 19.

Bitcoin analyst AndrewBTC emphasised that Japan holds the most important place in U.S. authorities debt, making a price hike bearish for the Bitcoin value prediction outlook.

Historic Sample: BOJ Hikes Set off 20%+ BTC Drops

In a December 13 X put up, the analyst examined the BTC chart and famous a constant sample: each Financial institution of Japan price hike has preceded Bitcoin declines exceeding 20%.

The information reveals that Bitcoin dropped 23% following the March 2024 price hike, then fell 26% after the July 2024 enhance, and most lately declined 31% following the January 2025 adjustment.

With one other price choice scheduled for subsequent Friday, the analyst believes volatility from the BOJ announcement may drive Bitcoin all the way down to the $70,000 assist degree.

Traditionally, BOJ price will increase have strengthened the Japanese yen, elevating borrowing prices and making investments in higher-risk belongings much less enticing.

In dialog with Cryptonews, Ignacio Aguirre, CMO at Bitget, defined {that a} stronger yen “raises the danger of unwinding yen carry trades which is a transfer that may quickly weigh on crypto valuations as leveraged positions reset throughout international markets.”

Bitcoin now faces mounting stress as traders cut back leverage and reduce publicity amid rising risk-off sentiment.

Bitcoin Value Prediction: Weekly Chart Reveals Damaged Bull Construction

The weekly Bitcoin chart reveals clear momentum deterioration following repeated failures to take care of assist above the $100,000 psychological threshold, which has now transformed again into stable resistance.

Value has damaged down from the earlier distribution zone close to cycle highs and is trending decrease, with bearish construction validated by consecutive decrease peaks and regular descent towards the upper-$80,000 area.

The RSI divergence indicator stays decisively bearish, at the moment positioned within the high-30s, displaying persistent weak point with none important bullish divergence rising.

If this momentum continues, the subsequent main weekly assist zone sits close to $70,000, aligning with the prior vary flooring and representing the primary space the place substantial shopping for curiosity is more likely to materialize.

A extra extreme correction towards the $53,000 zone can’t be dismissed if $70,000 fails to carry, doubtlessly marking a cycle backside.

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