๐จ๐ฅ Bitcoin is collapsing and this is the reason!!!$BTC
๐ Bitcoin today is declining for a very simple reason, yet few explain it correctly ๐คฏ
๐ฅ The reason comes directly from China ๐จ๐ณ, and timing is very important โฐ
Yes, China is reapplying pressure on Bitcoin again โก๏ธ
Hereโs whatโs happening:
๐น China has tightened regulations on Bitcoin mining ๐ญ๐ฐ
๐น In Xinjiang alone, a large part of mining operations has been shut down โ๐ป
๐น About 400,000 mining machines have gone offline in a short period โก๏ธ๐
๐ Immediate results:
๐ธ Decrease in network power (Hashrate) by about 8%
๐ฐ Direct revenue loss for miners
๐โโ๏ธ Need for cash to cover costs or relocate
๐ Some are forced to sell BTC in the market
โ ๏ธ Increase in short-term uncertainty
๐จ This creates real selling pressure and not the opposite!
โ ๏ธ Important note:
This is not a long-term bearish signal for Bitcoin
โณ Itโs a temporary supply shock due to poor policy, not weak demand
๐ฌ We have seen this scenario before:
๐จ๐ณ China applies pressure โ ๐ญ Mining machines shut down โ ๐ Hashrate drops โ ๐น Price fluctuates โ ๐ง Network adjusts โ ๐ Bitcoin moves forward
โณ We expect some short-term pain, but in the long run, it does not affect ๐
๐ก Strong information:
I had predicted the bottom at $16,000 ๐ three years ago
And the top at $126,000 ๐๏ธ
And I will announce my next move publicly as I always do ๐ข
โก Many will wish they had followed me early! ๐๐ฅ
