They dont care about Bitcoin. The primary goal here is to make more chinese yuan. Fiat is king till it is not.
i'll be happy to see them pump bitcoin because it will be full of benefits for us and for bitcoin. the higher price will give us all a good profit and will also bring a lot of other people's attention to bitcoin.
They will pump it after the halving, those chinese are just waiting for the halving because they will surely benefit from it.
Well you can follow their same strategy and sell before them? But no i don't think this is about the halving. They are buying bitcoins because their own currency is
being at risk of devaluation, which could half the value of their money without anything they can do.
Chinese people have always been in cryptocurrency markets.
you can especially see their footprint in altcoin markets, the last major pump they did (which i can remember is litecoin big pump.
so it is not strange to me if they decide to pump bitcoin too, but i only hope they don't pump it like litecoin to the moon and then dump it in a couple of hours like idiots.
They will surely pump it as they are more greedy than the whales of bitcoin.
No offense to chinese people but right now they are holding it for a major event that is coming.
