Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes

Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes

Bitcoin (BTC) faced a potentially volatile day on Jan. 18 as multiple macro triggers began to unsettle the outlook.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

BoJ refuses to hike

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding firm above $21,000 on the day.

The pair remained cool amid news from Japan, where the central bank, the Bank of Japan (BoJ) had decided to keep ultra-easy policy in place, defying expectations of an interest rate hike.

In so…


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