China reaction towards Bitcoin always have a huge impact to Bitcoin Price.  Just like the recent events, Yuan devaluation, making Chinese people to flock in to Bitcoin uptrend Bitcoin Price, then all of a sudden China government release a warning making Bitcoin price plummet.  During this fear and uncertainties of other holder making them to sell out and make BTC drop in price is the best time to buy before all the confusions settle down and Bitcoin starts to uptrend in price again.