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.
Well, if bitcoin price keep going down, maybe it will really happening. But as long as the price of bitcoin not falling too much,
The btc miners in china will keep mining the coin. We can see it by the difficult of bitcoin mining.
There are many btc miners in china, if they stop mining btc, the difficulty of btc mining will drop drastically.