As long as the Chinese don't take the bait, Bitcoin will keep rising. So what if it has broken through $88,000 now? Once Chinese capital enters, the United States will quickly ship out Bitcoin. There are many risks and problems in virtual currency trading speculation.

In China, virtual currency-related business activities are considered illegal financial activities. This is because they lack a clear value basis, their prices fluctuate extremely violently, and can easily cause investors to suffer significant property losses. They may also be used for money laundering, transfer of funds for illegal economic activities, and other illegal and criminal activities.

From the perspective of the international market, there are indeed some traces of international capital manipulation and gaming as you said, and its price trend is often affected by a variety of complex factors including the operation strategy of international capital. In short, virtual currency is not a reliable target worthy of public participation in investment.

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