At present, China only bans mining, and does not directly ban bitcoin transactions. It is reported that some mines have only been closed for rectification and have not been shut down directly. I think the blow to bitcoin this time has little effect on the price of bitcoin. A big impact, I think this big drop is also a fluctuation within the normal range. Bitcoin may plummet, but it will not collapse due to the suppression of certain countries, but will break out again after it has plummeted to a certain level.