Wait a second.
Is this just the chinese version of the senate hearings, with almost the same (positiv) outcome but with none getting it because of google-translate-FU?
No it's not, but keep trying to fool yourself.
Please tell me, with complete 100% clarity (not just bearish hyperbole), why this is bad news for bitcoin.
I'm going to bet that you won't be able to do that.
(edit: bearish, not bullish. forgive me!)