Will China's Stimulus Package Help Bitcoin Break ATH?

The Chinese economy is facing a serious downturn, with falling economic indicators leading to a decline in Chinese stock prices.

In particular, the index of startup projects in China has dropped sharply, from more than 51,000 to 260 in 2024. This shows the severe weakening of the Chinese economy.

To save the economy, China is likely to pump money into the economy with a stimulus package worth up to 1.4 trillion USD. This will help increase global liquidity, positively impacting the asset market, especially Bitcoin and other risky assets such as stocks, real estate...