I found that there are 5 phases of positive capital inflow into Bitcoin since April 2018 in China - A upward trend is confirmed too.
Our next question is why the price of Bitcoin does not go up despite the capital inflow? A possible reason is that there is greater capital outflow in other markets. However, I do not have access to data in other markets to prove that. The crypto industry should disclose more data to enhance transparency in this regard.
Source of data: Bishijie
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