Possible Reason bakit uptrend ang price movement ng Bitcoin :
[1] Facebook Libra Blockchain testnet
I wonder how can this news affect the price of Bitcoin. In my opinion, it has no to little effect to Bitcoin price since it uses their own blockchain for their platform, it would give a huge impact if they announce that they will be using Bitcoin as their sole mode of payment thus generating more demands for Bitcoin.
You're underestimating how one of the biggest internet company can uplift someone when they start to go along with the course of this someone's company.
Fb coin might not furnish such
huge impact unlike what you've said but it will give somewhat benefits to bitcoin drastically.
Why would people buy bitcoin because of facebook's global coin?
It's like you're saying, why would people want to acquire USD while we have Philippine Peso, or any local/national currencies, of course, there is what you called forex trading, or here in CT its called crypto trading.