As you know, this is the 1st crypto exchange managed by the Indonesian government. so there's a big chance affect to bitcoin price.
It may indeed affect, but governments are not usually very efficient at running businesses.
Bitcoin is a digital asset which legal trade in Indonesia, so this possibility Bitcoin and another crypto getting stronger than other assets like gold and stock.
what are your thought? Is bullish Start?
I think it will be strong, especially in the region, but what I am not so sure about is the global impact it will have. In any case, it seems that:
The market is warming up for 2024 bull run but the bullish start has yet begun.