after their regulation news i think china already have bought tons of bitcoin when btc price fall to almost 3000$ mark and they are still holding it till now! so the more bitcoin grow the more they will profit! after they sold they are gonna spread another fud to enter again haha
The Chinese government has banned the exchanges and it has nothing to do with the amount of coins purchased with each speculation and fud news,people who does have inside information must be behind all these fake news so that they could make use of the news and manipulate the price,o am sure there will be another news coming out soon since the price has picked momentum.