Bitcoin already recover it is now 56,238$ and rising. The Bitcoin price drop because of China's banning of cryptocurrency but it is now recovering because of some good news from U.S and other country like El salvador and venezuela, the largest bank of El salvador are now accepting crypto and Venezuela's airport is now accepting btc for flight payments this are some of the bullish news that make btc recover.
The prohibition of cryptocurrencies in China does not seem to have affected the bitcoin market price anymore, because bitcoin has begun to be controlled by the whole world. The country of El Salvador has announced for its people that they can adopt bitcoin both in El Salvador and in America. More and more Bitcoin will be in the interest of new investors.