According to experts, BTC is likely to experience significant inflows from China in the coming months due to the weakening of the yuan and increasing capital flight from China.

China's capital outflows hit $49 billion in August, the largest monthly outflow since December 2015, which could indicate more pressure on the yuan.

A weak yuan and economic challenges have forced local investors to look for opportunities outside China. Given China’s strict capital controls, cryptocurrencies may be one of the few viable options