A deep dive into China’s latest GDP data: the yuan surges, Bitcoin climbs back above $82,000—can macro tailwinds lift the crypto market?
I’ll use the pre-announcement high as the dividing line: above it is bullish; below it, bearish.
The news is positive, no doubt. The key is how much was already priced in.
$BTC Currently at 82743.01, up 0.71% on the day. Do you think this news is overhyped?