Don't you think there is connection between PBOC officials and chinese exchange platform owners?
They have said that investigation will run for next 7 days and even more and in meantime price is pumping slowly now i think we will see another fud from them saying PBOC find money laundering activity involved to panic traders and dump the price to buy back again.
I think it time to realize that bitcoin has value in itself and it cant be controlled only by Chinese mafia. We should not pay attention to these fuds and keep our bitcoins save. This way these fuds will vanish and bitcoin will flourish as always. My advice no need to be panic on any news.
the value of bitcoin is increasing from time to time, as soon as the mass adoption is increasing bitcoin value is also increasing and it is becoming more difficult for for a country either it is china or any other country to control bitcoin, bitcoin a decentralize currency and will remain decentralize for ever.