What's the deal this time? First China ICO ban and now what? It's been a shitty few months for crypto!! Is there any clear skies in sight or everything is just crashing and burning into the ground!!?
The skies have always been clear for bitcoin and the entire crypto. There has to be some clouds sometimes as well as rains. These are necessary parts and parcels of it. There has to be some low times for those who want to join and ride the crypt train. That is buying time for all of us especially them.
If China holds only 20% of bitcoin users worldwide and takes a negative attitude, then 80% will take the opposite step and restore the market. China is only able to provide temporary effects, actually reducing bitcoin prices are also needed for market corrections and profits from various parties. If bitcoin continues to increase it will not be evenly distributed and there is a tendency to be a premium currency and not affordable for everyone. The price down is the trader's chance to buy back.