🚨 Bitcoin Is Crashing – Here’s Why! 🤯📉
BTCUSDT
Perp
86,525
+0.11%
China strikes again! 🇨🇳💥
– New crackdown on Bitcoin mining in Xinjiang 🏭
– Around 400,000 miners forced offline in December ⚡
– Network hashrate drops ~8% 📊
What this means:
💸 Miners lose revenue & may sell BTC fast
⚡ Short-term uncertainty spikes
📉 Price wobble is natural
This is NOT a long-term bearish signal ❌
It’s just a temporary supply shock caused by policy, not demand 🔥
We’ve seen this before:
China cracks down → miners offline → hashrate dips → price wobbles → network adjusts → Bitcoin moves on ✅
Expect short-term pain, but long-term Bitcoin remains strong 🚀
BTC
86,575.64
+0.24%
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