đ Bitcoin Hits 2-Month High Amid China's Stimulus Surge! đ
- Bitcoin (BTC) soared to $66,194 on Sept. 27, riding the wave of China's economic stimulus.
- The Shanghai Composite Index had its best week since 2008, boosting BTC/USD by 3% week-to-date.
- Market chatter: "This feels frighteningly familiar," said The Kobeissi Letter.
- US Fed's recent 50-basis-point interest rate cut also played a role.
- BTC holding strong at $65,000, with bid liquidity shifting towards $63,000.
- Filbfilb hints at bullish vibes: "Bitcoin has a particularly familiar bullish smell."
Stay tuned, HODLers! đ
