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?.
$3k drop is just an ordinary day here on crypto and its non a surprising thing and if ever bitcoin had dipped down its price then theres always a recovery after that moment and we've been seeing that its almost $58k
as of this moment which simply means that it wasnt really the exact reason on why it had really decreased down because it could maybe just a simple sell out on that resistance and not really connecting
any sentiments or news around the market.Bans and prohibitions or crackdowns wont really mean nothing.