Bitcoin Eyes Breakout to $78,000 Amid China’s Economic Stimulus
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Bitcoin is poised for a significant breakout toward $78,000 in the coming weeks, fueled by both technical chart patterns and China’s latest economic stimulus measures. On September 24, the People’s Bank of China (PBOC) announced a $140 billion liquidity injection into the financial system by reducing the reserve requirement ratio (RRR) by 50 basis points. … Continue reading “Bitcoin Eyes Breakout to $78,000 Amid China’s Economic Stimulus” The post Bitcoin Eyes Breakout to $78,000 Amid China’s Economic Stimulus appeared first on Cryptoknowmics-Crypto News and Media Platform .
Source: Cryptoknowmics
