$BTC 🇨🇳 The media writes that the Chinese government has announced new restrictions for the crypto community - now the regulator prohibits not only trading or mining cryptocurrencies, but also private ownership of digital assets such as Bitcoin.

The ban most likely reflects the authorities' desire to strengthen control over finances and promote the digital yuan (CBDC).

And here is the culprit of the fall, China, as you understand, is a strong player, despite the fact that a lot of liquidity has been collected from above, $BTC is falling ...

but knowing the market and how easily whales manipulate it, we can return to $ 109,000 - $ 110,000, we need to wait for a new week