How PBOC Money Move And World Money Wey Dey Ground Take Affect Bitcoin Trend
Both summaries dey highlight how China moni policy dey affect world market, especially Bitcoin (BTC). The People’s Bank of China (PBOC) don put am one liquidity program, wey inject ¥500 billion into the economy to make market steady. This move make US and Europe market happy and e show say crypto market fit dey go up. The other article still dey talk say PBOC financial data, with US Federal Reserve policy, dey important for crypto market. For history, strong connection dey between moni wey dey world wide, especially M2, and BTC price. Recent data dey show say PBOC dey adjust moni before BTC price go change. Traders suppose dey watch China economy well well, because China get moni power to change market if moni dey flow well.
Bullish
Di PBOC action to inject money dey see am as something wey dey make market dey stable, and na something wey don dey happen before wey dey make people dey happy and Bitcoin price dey go up. Di way money dey flow, especially di M2 metrics, and BTC dey show say things fit dey go up, because before before when money dey flow well, BTC price dey always react well. As things dey go now, e dey look like say cryptocurrency go do well, especially if China decide to put more hand for financial things.