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.?
In fact it has no negative impact on market like tweets of Elon Musk because they keep doing it repeatedly that is why people don't take them seriously. It does impact market for few hours because some weak holders go for panic selling. Bitcoin is again trading above 57K and showing good Bullish momentum and most likely it will break it previous ATH and even go beyond it.