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.
Bitcoin is not under control of China or any other country. Bitcoin is decentralized and will remain decentralized forever, hence no mafia is able to control it. As time pass bitcoin is becoming stronger than its previous position, because people are adopting bitcoin in a great number. Obviously no need to get panic.