China is about to release liquidity, and combined with Trump's tariff war, the RMB exchange rate is on the brink of a cliff. However, this is positive for Bitcoin.

For the first time in 14 years, the People's Bank of China is loosening monetary policy: next year will be "moderately loose," with timely cuts in reserve requirements and interest rates to stabilize the economy

https://chainalert.me/view/headline/cf811e