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?.
I think Bitcoin's current price drop is normal and only a small correction compared to the big price correction in last September. The current price decline will make Bitcoin take the first step to increase to reach a new ATH considering that Bitcoin has fallen very significantly in the last month. Therefore we don't need to panic with the decrease in the price of bitcoin which is more than $3k in a day.