$BTC

BitMEX platform, shared his view of the current state of the digital asset market. In a concise yet forceful message, he pointed to the People's Bank of China (PBOC) as the potential catalyst to revive the long-awaited bullish run of the crypto boards.

His argument is based on the premise that, in the face of a devaluation of the yuan, the narrative of an outflow of Asian capital towards Bitcoin could be rehashed, just as it happened in the cycles of 2013, 2015, and 2025.

He also recalls the historical correlation between the devaluation of the yuan and the influx of Chinese capital into Bitcoin,