bitcoin price down about 1,000$ after china ban this is logic
but less than 2 months back more than old 4,600 now without any new news why ??
Are you depending only with the news? Then you are missing the real news here that there's a hard fork that will happen next week so that's the reason why the price of bitcoin increases. And not all the time we are going to depend with Chinese news or anything that's related to crypto there. Yes, they are affecting the price but you should also look outside the box, don't look always inside the box.
Chinese just another kind of trollers, They are announcing to ban the crypto and bitcoin but in the future they will try to re-thinking about that. This looks pretty odd.
That news just give a short impact to all of the users, because many ways to the bitcoin and crypto currency. Because they are not familiar with the technology and if we are all using the decentralized exchange and there will be no party can prevent us to use bitcoin.
That's true, I propose that we should deal peer to peer and forget about a middle man(exchanges) and meet in person because it seems all the government regulations and their interference seems to be directed at the local exchanges.