One thing I know that Bitcoin always comes back strongly anytime there's media propaganda against it and this is no different at all, a lot of the tv critics are eating a humble pie and I hope they remain shut . Bitcoin will always recover from th negative news and we are headed to the moon.
i think bitcoin now is stable in $12xx, its up and down in that range. i agree that btc is really strong to comeback and show its power depend on what news said and no matter other say, btc is always lead the market. its already makes us happy to see this price but suddenly for traders which trade btc-altcoin, this is makes them very sad because the price is down when btc price is up.
comeback to what price ? the bitcoin price right now are around $1,220 , and that number are more than enough and good for bitcoin . but the grwoth wouldn't stop until today , as time goes by people would realize how precious bitcoin it is and start to use it and drive bitcoin price growing into the all time highest price.
It is always late when someone realizes something and keep on regretting why they had sold all their Bitcoins when FUD came. They are now rushing to buy Bitcoin at a higher price due to the FOMO and thinking what if the prediction of Bitcoin being $500,000 will come true. Funny but this kind of news really move investors into panic buying. And thanks to that Bitcoin is on its way to new ATH.