Bitcoin at $78,100 after Bank of Japan hikes rate to 31-year high
- —Bank of Japan raised its rate to 1.5%, the highest since 1995
- —Bitcoin rose 2.16% to $78,100, while the yen fell to 0.00633 per dollar
- —BTC cleared the True Market Mean of $76,660 — a bullish regime signal
- —Next resistances: $80,000 (Treasury average price) and $85,000 (ETF breakeven)
Why it matters: BTC rising despite hawkish policy from the Bank of Japan and the Fed shows resilient demand; a break above $80,000 would open the path to $82,000.
Source: CoinGape