Quote from: patientforzhou on Today at 08:56:56 AM

The FUD issued by the Chinese government last time caused the price of Bitcoin to fall below 30,000, and when more favorable documents were issued, Bitcoin steadily defended the $40,000 line of defense. I am very happy to see that the de-Chineseization of Bitcoin has been successful.

Too early to say that, Until now Bitcoin is on indecision phase that's why the current price action is sideways which is very scary. Retail investors are still holding despite the continuous news about exchange being affected by the China campaign which verifies that there recent statement is true. As you said this happened before so it will take only a few whales to dump the price to make this retail investors that still holding to follow. The chart too is very bearish so its better to trade safe and wait for reversal confirmation before we assume that FUD is over.