Bitcoin faces adjustment pressure amid U.S.-Japan policy divergence, HTX Research says
Bitcoin confronts pullback pressure as year-end macro volatility intensifies due to U.S.-Japan policy divergence, HTX Research analyst Chloe said on Dec. 8. U.S. bond yields rose following reports that Kevin Hassett may succeed as Federal Reserve Chair, while Japan's central bank officials indicated a potential rate hike to 0.75% at the Dec. 19 meeting, the highest level since 1995, The Japan Times reported. Institutional sentiment turned defensive with negative ETF flows and declining futures open interest, while implied volatility dropped from 57% to 48%. Large capital has lowered year-end bullish targets to $100,000–$118,000, with $80,000–$82,000 identified as key support.