Considering the fact that China keeps fighting to make sure they totally ban anything that has to do with Crypto (Bitcoin), we now notice that these days, their announcements now has less negative effect on Bitcoin, I.e Bitcoin don't fall careless again because of news from China like before.
But yet, investors and Bitcoin enthusiasts like me are beginning to worry if on the long run, China's ban can have a lasting drastic effect on Bitcoin or not.?
It will affect for a certain time. Not for a long time. You search on google you can find Many developed countries banned bitcoin. Prices fell for some time. But now it's up again. Ban will good also for a certain time :p.BTC holders sold it for less price. And you can buy it at a lower price