Chinese is the leader in the economy in our beautiful world,
which mean they're the most richest people in our world and can determine most of our economy.
and that is happened in our cryptoworld,they're the biggest miners in the world which mean,absolutely they're the biggest Bitcoin holders.
that is why they can affecting the price by only making some statements.
but they're not a fools,they did it intentionally,they know we will facing a hardfork in a few months later.
that is why they made that statements to trigger the weak hands and holders to sell their belongings.
but i believe it will not last long because they will enable it again and allow it again just like before
Actually, if you take a look at the share of transactions, Chinese share dropped significantly and US, Korea and Japan have taken up most of the share. This will be a prime example of how China does not matter to Bitcoin and you will see the price go back to $5000.
Chinese government is an insecure baby whose primary goal is the be under control of EVERYTHING inside China. They will keep crying like a baby ever so often so its better if they cut off Bitcoin now completely and get out of the game so we can all move on.
