📊 BOJ May Return to QE – Bitcoin Nearing Breakout Zone

🇯🇵 The Bank of Japan (BOJ) is reportedly considering halting QT and returning to quantitative easing (QE) to support the domestic economy. If confirmed, this could be the last major liquidity signal remaining among G7 central banks, with potential ripple effects across risk assets, especially crypto.

Time Window:

• Announcement expected: 12:00–14:00 GMT+0

Market Snapshot:

• BTC price range: $104,000–$106,000

• Major resistance: $106,000–$108,000

• Nearest support: $102,000

• Technical SL zone: below $100,000

• DXY steady at ~104.7, with slight JPY strengthening underway

Scenario Breakdown:

✅ BOJ confirms strong QE: BTC could break $108K, targeting $112K–$120K, possibly extending to $150K if follow-through builds

⚠️ Mild or neutral outcome: BTC likely to consolidate near resistance

❌ QT continues: BTC could retrace to $98K–$100K, market sentiment turns defensive

Cross-Asset Impact:

• Bitcoin-related equities (e.g., MSTR, COIN) and spot ETFs may gain 5–10%

• Asia-based crypto markets may react more aggressively if JPY volatility intensifies

#Bitcoin #BOJ #MacroUpdate #MarketWatch #GMT0