I often hear people quoting that some country (most of the times China) is positive towards blockchain and are thinking to using it in their country, so they are also positive towards Bitcoin.
This is just a myth. To be honest Bitcoin and Blockchain are separable. Blockchain can sustain without crypto but crypto cannot without blockchain.
In recent times Bitcoin moved from 7k range to more than 10k may be with the news of China president talking about blockchain. Then people were saying that China is positive towards crypto but things were not that good. And now things are on the same page again.
So burst this myth that where blockchain is Bitcoin will also be there.
@HammadAli yea youre correct as China is definitely keen to utilise blockchains technology, but its yet not keen to legalise bitcoins and we all were mislead by the media houses who claimed that China will adopt bitcoins too. In a way the myth is not entirely wrong too, because whenever governments will speak about blockchains technology peoples attention will be drawn to bitcoins, and thatll increase bitcoins adoption among the masses which will sooner or later compel the governments to legalise it.
https://www.cnbc.com/2019/11/25/bitcoin-sinks-to-a-6-month-low-as-china-accelerates-crackdown.html