This could be what pushes bitcoin to new highs

in bitcoin •  2 months ago 

China unleashed the stimulus today

If you were looking for a catalyst to get long bitcoin and crypto, you may have just got it.

Sure China banned bitcoin and crypto a long time, but that didn't really get rid of it.

Now, they are pumping hundreds of billions of liquidity into their markets and cutting interest rates.

That is what is going to push money out into risky assets and cause them to fly.

This is what happened the last couple times bitcoin had a big run as well.

China printing money is good for bitcoin.

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(Source: https://x.com/BitcoinNewsCom/status/1838536189734703333/photo/1)

The stage is set, and the fuse was just lit...

It's blast off time now.

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真的吗