Only 7 days left until BOJ announces its interest rate decision.

According to forecasts from ChatGPT and TEForecast, the likelihood of BOJ continuing to raise interest rates by 0.25% — from 0.5% to 0.75% — is being assessed as very high.

Looking back at the 3 previous times BOJ raised interest rates, the market recorded a strong adjustment right in the week when the interest rate hike occurred, with a common decrease range from 17% to 28%.

Therefore, if BOJ actually raises interest rates in December 2025, the scenario of Bitcoin continuing to adjust in January 2026 has almost been shaped.