There's so many countries banning bitcoin now that it affected all alt cryptos as well. wonder when it will actually recover.
Beginning of new phase for sure.. People voice will change things .
It can be slowed down but not sure they can BAN it completely, they could probably try to control it by some kind of regulations due to money laundry and taxes.
Like you said, "new phase", and that can actually be good, because if they say: "BTC can and must be taxed", then they admit that has a value.