#比特币价格预测 Wait, has the Bank of Japan raised interest rates? 🤔 I thought that rate hikes would be bearish for the crypto market, but after reading these analysts' opinions, many are actually bullish on Bitcoin? What's going on...

After a careful read, I realized it's all about the logic of the yen depreciating. Japan has long-term negative real interest rates, and raising rates can't change this big environment; instead, it might lead to further yen depreciation. Arthur Hayes even said Bitcoin could rise to a million dollars, which sounds a bit exaggerated 😅, but I understand his logic — in an era of weak fiat currencies, holding scarce assets like Bitcoin might be a better store of value.

But what surprised me the most is that this wave of bad news actually turned into a buy signal? Traders like Eugene Ng and Ban Mu Xia Yan have started to compile watchlists, with Bitcoin target prices between $98,600 and $107,000, and strong resistance at $112,500. There are also altcoins at the end of their decline, so it feels like we should be more cautious about bottom-fishing.

I'm still learning how to read trends with candlestick charts, and the macro policy's impact on crypto prices is really complex 🙃 Does anyone have any advice? Should I hold my coins or keep observing?