Crypto Updates

Bitcoin Eyes Breakout to $78,000 Amid China’s Economic Stimulus

bitcoin etf

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. …

The post Bitcoin Eyes Breakout to $78,000 Amid China’s Economic Stimulus appeared first on Cryptoknowmics-Crypto News and Media Platform.

Click Here to Read the Full Original Article at Cryptoknowmics-Crypto News and Media Platform…