USA and China trader. they have enough strength to destroy bitcoin. bank too. they have enough money to kill bitcoin
I would say that only the whales in China have enough power to REALLY crash Bitcoin, and their trading would have to have a ripple effect for it to be anything of note in the West. Bitcoin was trading down in the 2k for a while there, I don't think that they even have that much power when it comes to western markets in general. If there's a $1k spread between most US and Chinese exchanges, that likely speaks to either a large disconnect between the markets or a general lack of impact for news like that we had from China.