🚨 BITCOIN IS DROPPING, AND THIS IS THE REASON!!! 🤔📢
Bitcoin dropped today for a very simple reason, and almost no one explains it properly 📢
This comes straight from China, and timing is everything 🤔
That's right, China is crashing Bitcoin again.
Here's what is happening 📢📢
China has tightened regulations on home Bitcoin mining again 📢
In Xinjiang alone, a huge portion of mining operations was closed in December 📢
Approximately 400,000 miners have shut down in a very short period of time 🤔
You can already see this in the data:
The network's hash rate has dropped by about 8%.
When miners are forced to shut down like this, several things happen quickly:
– They immediately lose income
– They need money to cover expenses or relocate
– Some are forced to sell BTC on the market
– Uncertainty is rapidly increasing in the short term
This creates real pressure on sales, not the other way around.
This is not a signal for a bear market for Bitcoin in the long term.
This is a temporary supply shock caused by foolish policy, not demand.
We've seen this movie before.
China tightens control → miners shut down → hash rate drops → price fluctuates → network adjusts → Bitcoin moves on.
We should expect more pain in the short term, but in the long term, it doesn't even matter$BTC
