Upon the news from China Bitcoin dropped back to $41K level. Usual patterns these days, negative news from China, market drop, oversold, some positive development from US, recover. Losing China from Crypto market is not good but I think China may open to crypto in future once US and Europe set up regulations and if it is observed that it could be regulated properly. In the end, crypto and blockchain is the future they wouldn't want to miss, so would have to come back to market in someway. It's just my feeling but well.. we'll see!
Yay! 🤗
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