This is one of the best things that is happening to Bitcoin since its inception... Moving out of China.
To start, Bitcoin is a decentralized network, having too much of it in one single place is no good for any of us.
Remember that China is a country that is anti-freedom, anti-growth, anti-liberty, etc.
Many companies have been banned in China followed by great success & growth.
Bitcoin is a network/money that is all for FREEDOM, decentralization, growth, liberty, prosperity and more.
Bitcoin moving out of China means that it will be more decentralized, exactly what it was meant to be and exactly what we all want.
60% of the Bitcoin miners were based on China and this is no more...
As China continues with its policies against Bitcoin, we see it moving to other countries, not just one country but many different countries at once.
We see Bitcoin moving to other parts of Asia...
We see Bitcoin moving to South America, Central America and now the USA as well.
This is ULTRA BULLISH, mid and long-term.
Be happy...
This is just another road block that we are coming out ahead.
As soon as Bitcoin and China divorce, we can look at/expect, long-term sustained growth.
Namaste.