🔽 Why is Bitcoin Falling
⚖️ The key reason is the imbalance of supply and demand
📉 There are now more sellers and most are selling out of necessity
🔴 Factor #1 China and Mining
🇨🇳 China has once again intensified pressure on BTC mining
⛏ The network hashrate has decreased by approximately 8%
⚠️ Even with China's share being ~14% of the global hashrate, this is serious stress for miners
📜 History shows
🔁 In 2021, similar events already led to mass sell-offs
🔴 Factor #2 Whale Sales
🐳 Many early BTC holders are located in Asia
🧠 With the expectation of increased pressure, it makes sense to sell in advance rather than after the news
📊 On-chain data confirms
⏳ Long-term holders (LTH) have been actively selling for 1–2 months
🔴 Factor #3 Miner Capitulation
🔌 When miners are forced to shut down
💸 Revenues plummet
🖥 Equipment goes up for sale
📤 BTC reserves hit the market
#BTC #ETH #BNB
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