🚀 Bitcoin Eyes $78K After China’s $140B Stimulus!

Bitcoin is back on the rise, with experts predicting a potential breakout to $78K! 📊

On Sept. 24, China announced a massive $140 billion liquidity injection to boost its economy by cutting the reserve requirement ratio (RRR) by 50 basis points​.

This could be huge for Bitcoin, as previous stimulus packages from the People’s Bank of China led to BTC rallies of over 100%!

Crypto analysts like Jamie Coutts see this as a positive sign, explaining that Bitcoin thrives in times of central bank liquidity.

“In a credit-based fiat fractional reserve system, debasement is a feature, not a bug,” says Coutts.

Could we see BTC hit a new ATH soon?