What do they really expect from all this? News of resistance to Bitcoin has occurred dozens or even hundreds of times, and this has really had a devastating effect on the price of Bitcoin. So the big whales buy Bitcoins in huge amounts, then they sell them and earn huge profits.
From now on, ignore the bad news from China anymore, don't be swayed and stay calm. The more opposed and hated by China, Bitcoin will actually be more popular and have a high price.