But I have noticed one thing after all these ban dramas from China that the effect China used to have over markets has been reduced to such an extent that now nobody gives a damn about seeing what's China doing. It was their time but now, whenever China sells, US buys.
Investors in China are reported to be "shifting" their funds out of those exchanges to off-shore exchanges in order to keep using BTC and trading it. Chinese Government got terrified and was scared whether this technology would snatch away the power and emphasis that they have over their economy and are now trying to manipulate everything, but they have become unsuccessful this time.