$BTC is under pressure today, but the real reason isnโt being explained properly.
This move has nothing to do with weak demand or retail panic โ itโs a policy shock โ ๏ธ
๐ข And yes, itโs coming from China. Timing matters.
China has once again tightened regulations on domestic Bitcoin mining.
In December alone, large-scale mining operations in Xinjiang were forced to shut down.
๐ Hereโs what the data shows:
Around 400,000 miners went offline in a very short period
Network hashrate dropped by nearly 8%
When miners are forced offline, several things happen quickly:
๐ป Immediate loss of revenue
๐ป Cash needed to cover costs or relocate operations
๐ป Some miners are forced to sell BTC into the market
๐ป Short-term uncertainty spikes
๐ This creates real sell pressure, not speculation.
โ Important to understand:
This is not a long-term bearish signal for Bitcoin.
Itโs a temporary supply-side shock, not a demand problem.
๐ฌ Weโve seen this cycle before:
China cracks down โ miners shut off โ hashrate drops โ price shakes โ network adjusts โ Bitcoin moves forward.
๐ Expect short-term volatility and some pain.
๐ฅ Long term? This doesnโt change the Bitcoin story at all.
Bitcoin doesnโt break โ it adapts.
