Bitcoin price

It really seems like china is driving much of the activity in Bitcoins. If you tally up the volume that's being traded it amounts to almost 7BB dollars worth, that is 1/2 the market cap of the entire bitcoin network. It's not that difficult to imagine how high bitcoin prices can reach with this type of a trend. If China doesn't come down hard in regulation USD/BTC could be trading upwards of 7 to 8K per token.