On September 19, according to CNBC, Yuya Hasegawa, a crypto market analyst at Japanese Bitcoin trading platform Bitbank, issued a warning about the outcome of the Bank of Japan's policy meeting, which began on Thursday, stating that Bitcoin is not out of the woods yet.

Hasegawa pointed out that, "While the Bank of Japan may maintain its policy interest rate this time, if there are signs of further interest rate hikes, it could boost the yen, triggering a pullback in yen carry trades. This could lead to selling in the Japanese stock market, and risk-off sentiment may spread to the cryptocurrency market. He predicts that Bitcoin may continue its rally during US trading hours before the Bank of Japan makes its decision, with the next short-term price target around $65,000."