Bitcoin Could Soar Thanks to Tokyo’s Big Move, Says BitMEX Guy

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So, the Bank of Japan (BOJ) is about to have its big meeting on June 16–17, and apparently, it could be the start of something beautiful—or totally disastrous—depending on your stance on Bitcoin. Arthur Hayes, the co-founder of BitMEX (aka the guy who’s been in the crypto game for longer than most of us have been pretending to understand it), thinks the BOJ’s next move could cause risk assets, like Bitcoin, to skyrocket. And yes, that includes your precious BTC. You’re welcome. 🙄

BOJ Meeting: It’s Gonna Be A Thing

Hayes thinks that if the BOJ decides to go full-blown “let’s print some more money” and reintroduce quantitative easing (QE), the markets might just hit an all-time high. Right now, the bank is in “quantitative tightening” mode, which sounds like something your mom would tell you to do to your closet. The BOJ already started cutting its bond purchases by ¥400 billion a quarter back in July 2024, and they’re set to review all that jazz at this month’s meeting. If they pump the brakes on that whole “tightening” thing, well, hold on tight, because things might get wild. 🚀

The Bond Drama: What’s the Deal?

There are some sources (who, for obvious reasons, remain unnamed because cryptos and secrets go hand-in-hand like a shady business deal) who say the BOJ is considering cutting back on those bond reductions. They’re talking about lowering bond purchases by ¥200 billion per quarter starting in 2027. That’s a long way away, but the signs are there. If the BOJ decides to ease off its bond cuts, it’s a big deal. Markets hate uncertainty—unless it’s the kind of uncertainty that makes them money. Then they love it. 💸

“I don’t think ordinary Japanese plebes would agree. If the BOJ delays QT, and restarts selected QE at its June meeting, risk assets are going to fly.”

LFG $BTC

— Arthur Hayes (@CryptoHayes) June 10, 2025

Bitcoin Gets Moody With Those Rising Yields

Bitcoin hit a high of $112,000 on May 22. That was just a couple of days after Japan’s 30-year bond yield spiked to 3.185% on May 20, 2025. Long-term bond yields went up, and traders freaked out. But some of them decided to take their chances with Bitcoin, thinking, “Hey, this digital gold might be safer than dealing with a country’s debt problems.” And honestly, who could blame them? 🏅

The Long Road to $200K (Or Not)

André Dragosch from Bitwise Europe, who might or might not be a wizard of financial forecasting, said that if yields keep climbing, Bitcoin could hit $200,000. That’s right, folks—two hundred thousand dollars. No biggie. He pointed out that Bitcoin doesn’t have a central authority that could fall apart and ruin the party, unlike a few *other* assets we know. But, of course, there are still risks lurking. The US Federal Reserve, the European Central Bank, and other giant players are all on their own little economic path. So, if the BOJ acts, it could send shockwaves through global currency markets—and regulators might be there to ruin the fun. Classic. 😒

What Are We Watching For?

Mark your calendars, because everyone’s going to be glued to the BOJ statement. If they throw out buzzwords like “flexible approach,” you’ll know they’re preparing for something bigger. Analysts will be dissecting every line, looking for signs that they’ll ease off the brakes a little. If the BOJ leaves room for long-term yields to wiggle, that could be seen as a tiny form of easing, and it might send Bitcoin soaring. Who knows? It could be a short-term hypefest. Or, if the BOJ just keeps doing what it’s doing (yawn), we might not get much of a jump. Either way, June 16–17 is going to be a wild ride. Buckle up. 😎

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2025-06-11 07:46