China confiscates 200,000 mining machines (Impact on future market)

1⃣Short term (few days - few weeks): Market panic + miners selling BTC to recover losses, Bitcoin price is likely to be under pressure, dropping 5-15%, similar to historical hash rate shock events;

2⃣Medium term (few weeks - few months): Difficulty adjusts automatically (every 2016 blocks ~2 weeks), remaining miners' profits surge + new coin production slows down (supply tightens), driving price rebound;

3⃣Long term: China's share is only 14-20%, global mining becomes more decentralized, reducing risks from a single country, extremely beneficial for BTC network resilience and upward trend!

In one sentence: The current impact is limited, don't panic sell, HODL steady! #BTC #Bitcoin #Crypto