@maximiliana91
If the Bank of Japan ends its negative interest rate policy, the yen may strengthen, reducing BTC’s premium in JPY markets. Historically, BTC premiums in Japan diminish within weeks of major monetary policy shifts. However, capital flight trends and domestic investor behavior could extend the adjustment period. If BTC demand remains strong, arbitrage opportunities may keep the premium elevated longer than expected. Traders should monitor exchange liquidity in Japan for price signals.