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The Bank of Japan announced a rate hike today, and Bitcoin continues to fluctuate around $86,000.
Many are now asking: Is this the bottom? Is now a good time to buy the dip?
To be honest, I can't give a definitive answer.
However, historical data can provide more meaningful insights. Looking at Bitcoin's performance during the last three Japanese rate hikes makes this clear.
The rate hike in March 2024 saw Bitcoin decline by between -23% and -27%, with an adjustment cycle lasting up to 6 weeks. When the rate was raised again in July, market reactions were similarly not optimistic. Behind these numbers, they actually reveal the real impact of central bank policy adjustments on crypto assets.
Rather than guessing where the bottom is, it's better to understand the market's true operating logic through these specific historical points. Data is more honest than predictions.