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 don't think that this news I will be true in the future. Generally, China is very great country with its own view about cryptocurrency. Even if they will close my name people will find a way to do it. Because people are smart and want to earn for themselves.
Many people on China is business man and I think all they want is to get profit. In that way they can want bitcoin because they can see how to earn huge profit on bitcoin so I didn't see any reason for them to close mining.