Totally agree. Obviously, China is driving the BTC rise, with 80-85% of the volume. A few pages back, there was some speculation about how easy it is for Chinese folks to circumvent controls using BTC, with the implication being that there is no real need for XMR.
There is no need to circumvent controls to use bitcoin in China. As there is no control for individuals. There is not much usage of bitcoin in China, only the transactions in exchanges.