Bitcoin crashes (plummets) – Chinese government (central bank, People's Bank) conducts a field inspection at BTCC

Bitcoin experienced a sharp drop due to an inspection of the People's Bank of China’s exchange.
Such a drastic fall is, after all, one of the reasons why many Chinese hold Bitcoin.
Bitcoin, which was about 900 dollars, plummeted to around 800 dollars in an instant—nearly a 10% drop.
Below is from the Bitcoin Newsletter↓↓
Fox of the Sky / Bitcoin Newsletter January 11, 2017, 18:48
Sender: Trade Signal / Fox of the Sky
China’s Bitcoin inspection
Final wave
Moving toward the endgame
Panic yields to surrender — final wave
After that, it stabilizes again
A large wave rises
Three waves show further movement
Be cautious of the Shanghai Composite and the yuan
Up to here ↑↑
We have summarized details from various media ↓↓
http://bitcoin-newstart.com/news-china-bitcoin