#Bitcoin Hits New Highs?🚀
According to analysis from the Hong Kong Economic Journal, Bitcoin has recently broken upwards, leading the market to speculate that the outcome of the U.S. election may drive it to set a new historical high. The correlation between capital inflow and price is expected to further rise, with liquidity becoming the main driving force. Last week, there was a large-scale influx of global funds into U.S. Bitcoin spot trading funds, with the market betting on a Trump victory, as his support for Bitcoin is referred to as the 'Trump Trade.' It is expected that the scale of the U.S. Bitcoin spot ETF will double by 2025 and grow fourfold by 2027. Hong Kong investors, what do you think? Feel free to discuss in the comments!