I saw Bitcoin drops 3k$ in a day and expert says that it is all because binance restricts access of Chinese users. more negative news in relation to China will drop the Bitcoin price down, but I think bitcoin will soon recover just like before, what was your opinion about this 3k$ dropped of btc price?.
That's doesn't matter right now, we need to focus on the recent market changes because fluctuations really affects increase. Just like what happened recently, price now reached $57k above and are about to touch another potential best spikes. This is going to be more exciting and intense, if there's a subsequent drops I believed there's quick recovery that follows.
I agree on that 3k$ drop of Bitcoin price has no big effect on the market because we are now at the bullish movement and soon it will surely recover. There are a lot of negative news and it affects the price to fall down but I think it will not last long and there will always a recovery time just like what we experience before so I think we need to keep calm for good.