I think we need to think about this problem from two aspects.

From a long-term perspective, Soros is quite tiny in front of Bitcoin. He cannot change the work of the blockchain or manipulate the price of Bitcoin forever.

In the short term, it is interesting to analyze this emergency.

In 1997, Thailand's GDP was 150.2 billion U.S. dollars. Almost everyone knows that Soros destroyed the price of the Thai baht by various ways. In other words, in 1997, Soros's money could affect an economy of US$150.2 billion. In 2020, Thailand’s GDP is about 500 billion U.S. dollars, so can Soros probably affect an economy of about 500 billion U.S. dollars? No matter what the answer is，bitcoin's current market value is about 4 trillion U.S. dollars, which seems to be much higher than the price Soros can influence.

On the other hand, does Soros own Bitcoin? After experiencing a rapid increase in the first half of the year, the price of Bitcoin once exceeded $60,000, but now it is only $30,000. For Soros, this is a good time to buy Bitcoin. At present, many celebrities are optimistic that Bitcoin will break new highs at the end of the year or early next year. Buying Bitcoin at this time is a good choice.

This sounds very logical, but we all know that Soros is an investment master. Maybe he bought Bitcoin a long time ago, and this time just want to use his influence to push the price of Bitcoin to sell again. After all, as I mentioned earlier, many people will think that Soros will choose to buy Bitcoin at this point in time.

I prefer the first of these two possibilities. With Elon Musk as a precedent, Soros should realize that just tweeting or releasing news can no longer affect the price of Bitcoin in a large range. And I also think that Soros, as an old-school financial player, needs to take a certain amount of time to accept Bitcoin. It is unlikely to buy Bitcoin at a very low price before then choose to sell it at this short-term low Bitcoin price. And I think based on Soros’s knowledge of the financial market, if he chooses to sell Bitcoin, he will definitely be close to the high point of the Bitcoin price instead of now.

The conclusion is that I think Soros has discovered the potential of the cryptocurrency market and is ready to study how to buy it.

Please do not sell your bitcoin before its price reach 100000$