As a safe haven asset, the price of bitcoin is often linked to economic instability.

This was prevalent during the Chinese yuan’s devaluation last year, when the price of the popular digital currency went on a ten-week high amid an increased demand among traders in Asia.

Now, experts believe that bitcoin—already trading above $1,200 mark—could reach a new high as the Japanese government continues to print massive amounts of cash.

Holger Zschaepitz, senior editor of the financial desk and market maniac at Welt, recently shared a chart showing how Japan’s 10-year yields has dropped back to 0 percent, which could lead to a negative percentage rate “every minute as BoJ [Bank of Japan] keeps printing money like crazy.”