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 normal especially if we failed to break the resistance, now the price of Bitcoin is on $57k level again trying to challenge the resistance again and if we failed again you'll see another drop, a big drop maybe since this is an indicator that we can't go beyond resistance yet and its time to go back to the support level. I don't see any reason to panic at the moment, its just a normal trading scenario, though there's still a chance for bear trend so keep watching.