Bitcoin (BTC) Price Predictions: Potential Impact of Bank of Japan Move
According to reports, Bitcoin rallies are facing resistance near intraday highs. The expectation of a potential interest rate hike by the Bank of Japan could intensify a downturn in BTC and altcoins. Market analysts are closely watching these factors for potential impacts on cryptocurrency values. The analysis suggests that macroeconomic factors and central bank policies could play a significant role in shaping the near-term trajectory of the crypto market.
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