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Bitcoin Price Prediction: Analysts Warn BTC Could Slide Toward $70K if Bank of Japan Hikes Rates on Dec. 19

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Macro analysts are cautioning that Bitcoin might decline towards $70,000 because the Bank of Japan prepares to implement a 25-basis-point charge improve on December 19.

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

Historical Pattern: BOJ Hikes Trigger 20%+ BTC Drops

In a December 13 X post, the analyst examined the BTC chart and famous a constant sample: each Bank of Japan charge hike has preceded Bitcoin declines exceeding 20%.

The information reveals that Bitcoin dropped 23% following the March 2024 charge hike, then fell 26% after the July 2024 improve, and most not too long ago declined 31% following the January 2025 adjustment.

With one other charge determination scheduled for subsequent Friday, the analyst believes volatility from the BOJ announcement might drive Bitcoin right down to the $70,000 assist stage.

Historically, BOJ charge will increase have strengthened the Japanese yen, elevating borrowing prices and making investments in higher-risk property much less enticing.

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

Bitcoin now faces mounting strain as buyers scale back leverage and reduce publicity amid rising risk-off sentiment.

Bitcoin Price Prediction: Weekly Chart Shows Broken Bull Structure

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

Price 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.

Bitcoin Price Prediction - Bitcoin Price Chart
Source: TradingView

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

If this momentum continues, the following main weekly assist zone sits close to $70,000, aligning with the prior vary ground 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, probably marking a cycle backside.

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If Bitcoin efficiently defends the $90,000 stage and avoids crashing to the $70,000 lows, a 2026 bull run would stay intact, and early-stage tasks like Maxi Doge ($MAXI) would profit from the upcoming liquidity flowing into danger property.

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Bitcoin Price Prediction - Maxidoge banner

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The submit Bitcoin Price Prediction: Analysts Warn BTC Could Slide Toward $70K if Bank of Japan Hikes Rates on Dec. 19 appeared first on Cryptonews.

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