Bitcoin is gaining strong FOMO after several correction from April to September. I actually didn't expect the bitcoin price this October to soar to almost reach the previous ATH at the $64K level. Obviously this is not a game of whales but the desire of traders and investors to make the demand for bitcoin increase and this FOMO has led most people to believe that bitcoin will surpass ATH. It's very close now and we'll just have to wait until the end of October.
The ban from China has continued to exist from year to year, does that make bitcoin die?
No, China was just a FUD for bitcoin but it didn't last much longer because the investors' support and the trust of bitcoin users had managed to break through the resistance and in the end China's FUD didn't last.