I honestly think that people are starting to get really sick of China's behavior.
What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).
Should we really expect a bear market?
You must hold on tight to your bitcoin, sit back, and enjoy the moment if that happens. If you have money, you can buy whatever coin you want to buy, not just bitcoin because altcoin will go down behind bitcoin. China's government will see what will happen to their country and if that means the major investors will leave their country, let it happen. Even if the bear market is coming, you do not have to worry about the bear market because the market will recover and will have another bull run.