There’s actually a very clear pattern to how China regulates the crypto space—it’s like periodic cleaning, and every time it follows the same script:
News comes out, everyone panics, prices crash, then overseas capital comes in to buy the dip, and prices rebound or even go higher.
Back in 2013, the central bank said financial institutions couldn’t touch $BTC , and the price of Bitcoin dropped from $1,100 to $500, cut in half.
Just when everyone thought, “It’s over, banned by a major country,” it stabilized and rebounded two months later.
2017 was even harsher: ICOs were outright banned, and ex
News comes out, everyone panics, prices crash, then overseas capital comes in to buy the dip, and prices rebound or even go higher.
Back in 2013, the central bank said financial institutions couldn’t touch $BTC , and the price of Bitcoin dropped from $1,100 to $500, cut in half.
Just when everyone thought, “It’s over, banned by a major country,” it stabilized and rebounded two months later.
2017 was even harsher: ICOs were outright banned, and ex
BTC-0.4%








