U.Today – (BTC) may benefit from China in a scarce move from a market with a ponderous share of real estate. China lags behind the United States in terms of capital in terms of market liquidity, but is still an crucial region that can influence market recovery.

And Tapiero’s sentiment

While QE is an economic measure that works on a situation-by-case basis, liquidity-constrained Chinese developers can now access more operating funds. While this measure is expected to boost economic activity, the release of capital in the form of liquidity could further strain the fiat currency.

The potential fiat devaluation that will follow when the economy floods is a potential catalyst for Bitcoin and the other major inflation hedge, gold. For Dan Tapiero, the “surge in Chinese real estate stock prices” after more than a decade of long bear market has caused a lot of pain.

This up-to-date twist will have a positive impact on increasing global liquidity, which Bitcoin can also rely on. Other risky assets and stocks, such as the tech-heavy NASDAQ Composite, will also benefit overall, he forecasts.

Bitcoin’s direct impact

However, Bitcoin is known as one of the most resilient assets in the world. Once market prices succumb to the impact of China’s QE in the real estate market, as Tapiero teased, the discovery of BTC’s true prices may begin.

Looking at the market prospects overall, Tapiero is positive that Bitcoin will rise from $90,000 to $200,000 in the long run.

This article was originally published on U.Today