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.
If China really tries to close down mining companies, it looks like bitcoin prices will rise because of the reduced number of people who mine Bitcoin or Bitcoin production becomes difficult and China can also try to close mining companies because the results are not so much in line with their efforts.