Yup, bitcoin can still recover. A lot of people are using bitcoin so I guss bitcoin is hard to beat by any other coins out there, I think they are also just relying on the ability of bitcoin.
investors coming from China will no longer buy bitcoin 'as it should' because regulations in the country ban it, we know that china is the home of whale investors.
The regulators in China did not ban using bitcoin,they just halted the exchanges from executing the things and i am sure they did that to regulate every exchange and make things clear rather than banning bitcoin altogether,the FUD news is spreading like wild fire and so is the reason people are selling off their coins without thinking twice.
Yeah, so I guess bitcoin will reach again $4500. Bitcoin has its own ability that maybe even without China bitcoin will still reach that amount. China is not the one that bitcoin can rely on, but China didn't totally ban bitcoin and you are right I also think that China did that to regulate every exchange and make things clear rather than banning bitcoin altogether. So bitcoin will still be able to rise.
