Bitcoin might go up but it depends on the chinese how they handle the bitcoin as majority has always been with china..
Doesn't really depend that much on China. There's a strong demand for multiple benefits that are uniquely offered by cryptocurrencies. Even if governments start cracking down, people will keep using them on the low. Worst case truly anonymous and untraceable cryptocurrencies will start popping up sooner than later to entirely circumvent any attempt at regulation.
Furthermore, there isn't even a fraction of a single "tech giant" style company in the entire crypto market right now, thus whether or not the Chinese play along is largely irrelevant in the bigger picture.