Bitcoin drop in value just days before the announcement. Many investors nervously sold their assets, the same shaking the market. But only a few days bitcoin managed to recover its value.
They think that without China bitcoin will turns to bubble like they underestimated the power of bitcoin but bitcoin prove them wrong. Bitcoin is too big and strong that can't turn them down. And now people learned their lessons for not believing to bitcoin so now they HODL it or else they just mock around in the corner.
I agree with you . China at this time can not dominate the Bitcoin market because of the great strength of the Bitcoin community and certainly in the future all countries will use Bitcoin and no country can dominate this market.