Capital controls in China will have a significant impact on Bitcoin's prices because of the considerable bailouts in China, and capital controls will limit their operations, making Bitcoin prices move more slowly and possibly down. Instead of going up. I think China is trying to enact new laws to remove Crypto from its home country.
it is always funny when I see comments like this that China this and that will affect the movement of bitcoin's price. I will repeat this since I have said it before. China is just a piece of the puzzle, and trust me, it is a very tiny piece that you will not even feel the impact if missing. China would enact their own law to favor themselves, some of the citizens will always find another way, but that will not affect the growth of bitcoin in anyway.