Quote from: davis196 on Today at 05:33:45 AM

Quote from: quocsi on May 18, 2021, 11:46:30 PM

It is so awful! I don't want that to happen. China banned bitcoin, which had a huge impact on the global bitcoin market. Bitcoin price has plummeted without brakes. Many investors are bankrupt, they are trying to sell their bitcoins as soon as possible. I think bitcoin will have an overcast sky in the near term. You should be careful while investing in bitcoin for the time being.

You should read the news,before making mindless low quality posts,just to boost your post count.
China "banned" Bitcoin 4 years ago.They cannot ban Bitcoin twice.This news is just a reminder that Chinese financial institutions cannot get involved into cryptocurrency trading or investments.
We are heading towards a 30K USD Bitcoin price,but that doesn't mean that "many investors are going bankrupt". Smart investors will HODL and wait for the next bull run.

I think this “news” is the rumour from the whales to make people panic and sell the crypto.