Before the Hong Kong protest is over I read all the banks are closed due to the mass protest by the people. Thus, all the protesters have no choice but to use cryptocurrency in form of money. When I read the news, I thought the Hong Kong protest would boost the bitcoin price in the market but sadly not maybe next time I guess.
I do not usually expect too much from some of these activities because you will first of all consider the type of people that are protesting and also look at how well doing they are, most of the protesters you see are average people, and if you look at their bank account, they dont even have much savings because of the numerous responsibilities that has taken their savings away, so how do you expect their money to even make impact on bitcoin value when you know how much of billions of dollars it will take for bitcoin to make a leap form one stage unto the next stage.
For bitcoin to jump by $1000 alone, I think that it will require about $56 billion and that is not a small money man, how much does all the protester shave that their closing of banks will make them to start using cryptocurrency.