{"id":92410,"date":"2025-12-19T14:17:10","date_gmt":"2025-12-19T11:17:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=92410"},"modified":"2025-12-19T14:21:20","modified_gmt":"2025-12-19T11:21:20","slug":"bitcoin-rebounds-to-88000-after-bank-of-japan-lifts-rate-to-a-30-year-high","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-rebounds-to-88000-after-bank-of-japan-lifts-rate-to-a-30-year-high\/","title":{"rendered":"Bitcoin rebounds to $88,000 after Bank of Japan lifts rate to a 30-year high"},"content":{"rendered":"

On December 19, the Bank of Japan raised<\/a> its policy rate to 0.75%\u2014the highest level in 30 years. The leading cryptocurrency rose in response, recovering to $88,000.<\/p>\n

\"Bitcoin
Hourly chart of BTC\/USDT on Binance. Source: TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n

Over the past 24 hours, digital gold has gained 1%.<\/p>\n

A day earlier the market reacted<\/a> positively to data showing cooling US inflation. However, after the US session opened, bitcoin slipped to about $84,000.<\/p>\n

A surprise reaction and prospects for gains\u00a0<\/h2>\n

The market\u2019s response to the Bank of Japan\u2019s decision proved unexpected. Several analysts, including MN Fund co-founder Micha\u00ebl van de Poppe, had forecast a negative outcome and a continuation of the downtrend.<\/p>\n

\n

It’s very likely that the trend keeps going down until the BoJ comes out with the news. <\/p>\n

Wouldn’t be surprised if $BTC<\/a> continues to cascade and gets itself into a form of capitulation in the next 24 hours as the trend clearly is down.<\/p>\n

That would mean -10\/20% move on #Altcoins<\/a>\u2026<\/p>\n

\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) December 18, 2025<\/a><\/p><\/blockquote>\n