Bitcoin oscillates in anticipation of Japan's decision – Saylor sees a buying opportunity

Bitcoin is once again testing psychological support levels, with the current price hovering around 91.99K dollars, after reaching a low of 87,600 dollars yesterday. The movement is not accidental – analysts point to tensions related to the upcoming decision by the Bank of Japan on interest rates, which is expected to be announced on Friday.

What’s happening in Japan and why is it important for Bitcoin?

The expected interest rate hike by the Bank of Japan by 0.25% creates pressure on the so-called carry trade – a strategy where investors borrow cheaply in yen and invest in more profitable assets, including cryptocurrencies. If Japan indeed raises rates, it could reverse this mechanism, forcing funds to withdraw from riskier positions.

“People seriously underestimate the impact of Japanese monetary decisions on the Bitcoin market,” says analyst “NoLimit,” noting that Japan, as the largest creditor of the USA, has a significant influence on global capital flows.

Saylor is buying again – does this mean the market bottom?

Michael Saylor, Strategy chairman, is not staying idle. After yesterday’s decline, he posted on X “Back to More Orange Dots,” signaling another Bitcoin purchase by his company. The last significant transaction took place on December 12, when Strategy acquired 10,624 BTC, the largest single purchase since July.

The current company portfolio stands at 660,624 BTC with a total value of about 58.5 billion dollars at current prices. The average cost per coin is 74,696 dollars – meaning Strategy remains profitable even amid current fluctuations.

What do the markets say – is the bottom already behind us?

Opinions vary. Justin d’Anethan from Arctic Digital believes that a drop to 88,000 dollars “seems disappointing” in the context of November lows. He thinks prices will stay within a broad range of 80,000–100,000 dollars until a new catalyst appears.

Meanwhile, analyst “Sykodelic” argues that the markets have already priced this in: “Markets operate by forecasting, not reacting. Most expectations regarding the Japanese decision are already reflected in the prices.”

If he’s right – it means that further increases could come faster than we expect.