The imminent decision by the Bank of Japan (BoJ)<\/strong> on interest rates represents the first major uncertainty factor<\/strong>. Markets widely anticipate a significant hike<\/strong>, and analyst Micha\u00ebl van de Poppe emphasizes that a “classic wave” of volatility could trigger following this announcement.<\/p>\n\n\n\n Previous rate hikes by the BoJ have consistently coincided with notable corrections in Bitcoin<\/a><\/strong>. This historical pattern is explained by the unwinding of carry trades and the global reduction in risk appetite. Digital assets, considered highly speculative, typically experience the first capital outflows<\/strong>.<\/p>\n\n\n\n Simultaneously, a considerable delay in the release of critical U.S. economic data<\/strong> complicates the analysis. Figures on employment, retail sales, business inventories, and CPI are eagerly awaited by markets. The recent weakness in the labor market<\/a><\/strong> has already influenced Fed decisions, and this new data could radically alter investor sentiment<\/strong>.<\/p>\n\n\n\n If these reports deliver negative surprises or if the BoJ adopts a more hawkish stance than anticipated, Bitcoin<\/a> could retest the $70,000 zone<\/strong>, dragging the entire crypto market down with it. This technical and macroeconomic configuration makes this week a decisive moment<\/strong> for portfolio positioning.<\/p>\n\n\n\n