Bitcoin's impending death cross, typically a bearish indicator, may again signal bullish action as the Bank of Japan (BOJ) downplays near-term rate hikes. BOJ Governor Shinichi Uchida stated that monetary easing will continue amid market volatility, weakening the yen and supporting risk assets like bitcoin. Following his comments, bitcoin briefly topped $57,300, the yen depreciated, and Japan's Nikkei index surged. The yen carry trade's unwinding, triggered by BOJ's previous rate hike, had caused bitcoin to drop sharply, but renewed easing may limit further downside.