How will the BoJ interest rate decision affect the market?

The market seems to have largely priced in the interest rate decision from Japan.

Past BoJ interest rate hikes show the following:

• BTC may be suppressed in the short term, but a sharp crash is rare.
• The main sale is in altcoins
• The impact is mostly sell the news
• In the medium term, global liquidity determines the direction.

What does the chart say?

• 81,300 – 83,000 range strong demand / liquidity zone
• This area is a liquidation sweep zone
• The main support/resistance zone is between 97,000 – 97,300.

Scenario:

• If the decision aligns with expectations > lower wick + reaction buying

• If 81K liquidity is acquired, a rapid reaction towards the 97K region is possible.

• If BTC remains stable during this process, the likelihood of an altcoin relief rally increases.

To summarize:

BoJ does not disrupt the trend, it creates waves.
Don't panic, liquidity and levels speak.

#Bitcoin #BTC #Altcoin #BOJ