What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
I do not think that this news is real. But if it is that decision will be not good for real people. China should better increase some taxes for mining and allow people mine in the future. It will better for everyone.