https://www.theguardian.com/technology/2019/apr/09/bitcoin-china-state-planning-agency-seeks-ban-cryptocurrency-miningCryptocurrency mining added to list of industrial activities Beijing wants to phase out
It did not stipulate a target date or plan for how to eliminate bitcoin mining, meaning that such activities should be phased out immediately, the document said. The public has until 7 May to comment on the draft.
Is the history repeating? As soon as Bitcoin tries to recover we see some "bad news" from China until they fill their bags, then change their minds to be able to sell high?