We cannot know if bitcoin will rise after the move of china to ban the miners but the good thing is bitcoin still in a $5k level and ready to break the $5600 goingbto $6000, lets wait for another month if the increase will continue or it will going to dump this time.
The price is going at the right path, it's going to reach $6000 soon, just watch it, it has never back down and will certainly break the resistance soon.
We stayed at $5000 long, time to move up as that's the right move in the bull period.
If we are going to look at how it affects the market after the news has been released, no negative impact has been seen. On the contrary, the market is really doing good as the price is now breaking another big barrier at $5200 and yeah it could be heading to $5500-$6000 and we could be back where we used to be before the actual massive sell off because of the Bitcoin Cash vs Bitcoin SV hash war. So I guess there is no negative effect so far and we have to thank the market for not really taking this news seriously.