If you Thought Bitcoin can't get any Higher... Brace Yourself... Here comes China!

This from Forbes:

The bitcoin price has topped $70,000 per bitcoin, pushing the wider crypto market back toward its peak of $3 trillion that XRP developer Ripple's chief executive Brad Garlinghouse thinks could double this year.

Now, as bitcoin hurtles toward its next halving supply cut, a leak has revealed China could be poised to permit people to buy into bitcoin spot exchange-traded funds (ETFs) in Hong Kong.

China has long forbid, Bitcoin investment. Now it is poised to reverse course. The question is why? The organization aimed at taking down the Chinese Communist Party, The New Federal State of China, has some thoughts on this.