in 2 or 3 days from now the price will be back to normal because ,in my opinion a lot of peoples are scared not to lose everything . But it is not a good thing altogether because it will decrease the number of cryptocurrency holders by 5% -15% maybe more ... tell me your opinion about this .
This prediction seems to be pretty accurate so far.
I'm interested to see whether bitcoin can hit near $5000 again, which i would consider as a "full recovery". Currently, we are just above $4500 and seems like we are still going up in a nice bull trend right now. my bet would be that we top out at around $5300 per coin.
I don't think that the number of crypto holders decreased as a result of China banning ICOs. Chinese investors are going to find a workaround sooner or later if they want to invest in ICOs and there is nothing to stop them from doing that.