Recently, there is a piece of news that has attracted widespread attention in the cryptocurrency circle!

That is, China may lift the Bitcoin ban in the next few months!

This news comes from expert predictions. Although we cannot confirm its authenticity, this news has already excited many people. After all, China is one of the largest cryptocurrency markets in the world. If the ban is really lifted, it will undoubtedly bring huge impetus to the cryptocurrency market. In addition, Hong Kong has recently launched Bitcoin and Ethereum spot ETFs, which also shows the attention and interest of the upper class in cryptocurrency. From a technical point of view, yesterday, the concubine led the altcoin to rebound strongly, and the big cake is also in the process of sorting out. This week, the closing of the monthly and weekly lines will have a direction choice. The big cake is still consolidating in the range shown in the figure. In addition to the big cake, the concubine led a wave of altcoins to take off. All this seems to indicate that the cryptocurrency market is ushering in new development opportunities.

Whether China will lift the Bitcoin ban, we are not sure yet. But no matter what the result is, the cryptocurrency market is growing and developing. Let us look forward to the future and see where this market will go!

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