the TREND IS YOUR FRIEND, never forget.

The trend is your friend
until the bend in the end!
Still surprised that the Chinese TBTF banks are closing bitcoin associated accounts, but the advantage is that it will draw a line under the China FUD when complete. Also explains why Huobi was making noises about wanting to expand offshore. Now they will probably want to fully relocate offshore. The big question now is whether Hong Kong is insulated from PBOCs anti-Bitcoin directives.
It will keep going until there's an outright China ban as everyone else has been saying.