đ Bitcoin (BTC) is gearing up for a potential moonshot to $78,000, thanks to some nifty chart patterns and China's latest economic maneuvers.
- The Peopleâs Bank of China (PBOC) is injecting $140 billion into the financial system, cutting the reserve requirement ratio by 50 basis points.
- Jamie Coutts from Real Vision says this move is bullish for Bitcoin, predicting other central banks might follow suit.
- BTC's price could soar, forming a bull flag pattern on the charts. If it breaks the upper trendline, we might see a new record high!
Hold onto your crypto wallets, folks! đ
