The title is too clickbait to argue with, indeed in recent months too many FUDs have been scattered and have brought down the price of Bitcoin from its highest peak. However, for me while there's still money to buy more down below I think it's still not that bad for me personally. Saylor, who has invested 2.5 B USD, there is no sign of selling, I'm just a penny investor.
No matter what China may do, I believe that it wouldn't affect cryptocurrency that much. People and most investors will still trust Bitcoin and will still continue to invest in it no matter what negativity they might throw to it. Bitcoin has established a strong foundation already and as long as its profitable, people will always trust it as an investment.