Seemingly in the news we hear how China is anti Bitcoin and anti cryptocurrency and well that may be all well and true but for an anti Bitcoin Country they sure do have lots of hash. In the Top 10 mining Pools in the world China has around 4 maybe even more. Which comes to the question what is really going on in China & The Bitcoin. As usual thoughts and comments are more than welcome. Thanks.
It will affect the price on what China do because there are a lot of investor China have from crypto so they are the one who has or who can manipulate the price. Even the China was anti bitcoin we can still wait until a lot of person do know about crypto for the price to rise. Bitcoin was not focus on China so it can gain or recover as much as possible.
China is one of the giants in the world, especially in bitcoin because government regulations there could have an impact on the market because people will be provoked by a lot of news that is happening in China, good news and bad news can affect people and the impact will be very seen on the market