There is a rumor circulating that China is going to make an announcement soon regarding bitcoin.
Supposedly they are going to unban bitcoin.
Here's where the rumor is coming from:
(Source: https://x.com/CryptoNobler/status/1852400180760310144/photo/1)
Looks nice for sure.
That being said China is trying to stave off a recession and they are guarding against capital flight.
I would be shocked if they would turn to bitcoin at a time like this, something they cannot control.
Here's to hoping though!