I'm not sure if this is good news but at first read, it looks like good news. China shifting from US Treasuries into Bitcoin and gold kinda feels like a show that the can do everything without US and they're using BTC as the asset for that show. And the good side is, Bitcoin will be the next global asset due to this current trade war and that's how good Bitcoin is, global adaptation and no one can be controlled so even some major countries, it's the current safe haven except for Gold. If other countries are influenced by this move, bitcoin will become unstoppable in the next few years, and I hope it's real not just for this current drama or trade war.