The price of Bitcoin (BTC) suddenly rose in the afternoon, breaking the stability of the past two days, as the price surpassed the 1060 barrier. Some attribute this to the postponement of the Chuanzi Bank's actions against Langzi, while others attribute it to joint initiatives between the People's Bank of China and the Hong Kong Monetary Authority regarding cross-border payments. Regardless of the factors, a breakthrough of the 1060 barrier is imminent.

After that, we will see if the 1060 level will hold. Will the situation be as it was on Monday, where protests...