🇨🇳 China strikes again: 400,000 machines disconnected, what real impact on Bitcoin?
The market of $BTC has just experienced a major shock following a new crackdown on mining in the Xinjiang region of China.
While the price has fluctuated around $86,000, the technical implications are much deeper than a mere 5% drop.
🔍 In-Depth Analysis: Why is it different this time?
Hashrate Shock: Approximately 400,000 miners have been taken offline, causing an instant drop of 8% in the global hashrate.
For a pro, this means a temporary decrease in mining difficulty to come, potentially increasing profitability for the remaining miners (notably in the USA and Europe).
The "Capitulation" Effect: Historically, when hashrate drops suddenly, part of the market panics.
However, the resilience of the network is such that computing power generally redistributes within a few weeks to more stable regions.
Technical Analysis (MACD): Momentum shows a divergence. Although the price has dropped, the support at 86k seems to hold. If the hashrate stabilizes, the rebound could be violent.
💡 The "Personal Touch" Advice for Your Portfolio
Do not see this as an "end", but as a necessary purge. Every time China reduces its influence on mining, Bitcoin becomes more decentralized and less dependent on the political decisions of a single country. This is a bullish signal in the long term for the network's sovereignty.
Note to Pros: Watch for the difficulty adjustment in the next 10 days. A significant drop could provide an optimal entry window before the hashrate resumes.
