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 read some news about what you said. China did not totally ban bitcoin they ban ICO's and that is bad news too. Banning ICO's will affect people individually. Whatever happens hold your bitcoin and don't sell it when the price get low because it is just like throwing your money in the trashcan and put it again but the price is now the same. Some money were lost.