Quote from: blue Snow on July 19, 2023, 04:49:59 AM

As you know, this is the 1st crypto exchange managed by the Indonesian government. so there's a big chance affect to bitcoin price.

If it were to have had an impact on the price of bitcoin, we wouldn't be seeing it drop below $29k right now; at the very least, it would have crossed $31k by now. This indicates that Indonesia is not large enough to significantly affect the price of bitcoin.

Quote from: blue Snow on July 19, 2023, 04:49:59 AM

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?

The bull run will begin when the timing is right (probably around 2024). Because the government of Indonesia now has and controls its exchange, the bull run won't start because of that. What the Indonesia government has done is contribute to the mass adoption of bitcoin by allowing its citizens to invest in bitcoin through their local exchange in order to generate broad profits for them both before and after the bull run, as there will be a need for individuals to invest in bitcoin towards the upcoming bull run.