No because price is 4000 again and it is just begin
A bit NO is also here. No doubt that currently
80% revenue of bitcoin is depended on china business but it will not be in future as because bitcoin is going very popular in other countries like India, Australia, Malaysia, Indonesia, Afghanistan, Pakistan, Dubai, UAE etc. I think bitcoin is going to be declared very soon being a global currency. In future counties will need bitcoin nor bitcoin will need counties/
LOL, I think below 20% may depend on China business, but for OP Bitcoin will survive without china also. We are too looking for future development of Bitcoin in India, however still need RBI to approve everything. I am not sure what is happening in my country.
China had some low cost labor, electricity and no taxes for them, so this is the reason for holding business.