Even if the ban is temporary or it,China does not have a major say in the bitcoin market at the moment,the price is recovering really well after all the rumors being spread regarding the ban of ICO and exchanges and the panic selling from novice users and if China's ban was temporary it would be great for the Chinese market and nothing else.
This hits the nail right on the head. China has done its damage, and the lift on the ban would just raise Bitcoin value even higher. We are already up to $4300 at the moment despite all the negativity, even with the South Korea news, so I think it would be safe to say that we are definitely going above $5000 again.
That being said, the ban was always said to be temporary, as China was looking into ways to regulate them. They see a lot of money moving, and they want a cut. Whatever they come up with, I just hope won't be too restrictive. More demand is always better for value.
