🚨 BITCOIN IS CRASHING AND THIS IS THE REASON WHY!!!
Bitcoin is down today for a very simple reason, and almost nobody is explaining it properly.
It’s coming straight from China, and the timing matters.
That’s right, china’s crashing bitcoin, AGAIN.
Here’s what’s happening:
China just tightened regulations on domestic Bitcoin mining again.
In Xinjiang alone, a huge chunk of mining operations were shut down in December.
Roughly 400,000 miners went offline in a very short window.
You can already see it in the data:
Network hashrate is down around 8%.
When miners are forced offline like this, a few things happen fast:
– They lose revenue immediately
– They need cash to cover costs or relocate
– Some are forced to sell BTC into the market
– Uncertainty spikes short term
That creates real sell pressure, not the other way around.
This isn’t a long-term bearish signal for Bitcoin.
It’s a temporary supply shock caused by a dumb policy, not demand.
We’ve seen this movie before.
China cracks down → miners shut off → hashrate dips → price wobbles → network adjusts → Bitcoin moves on.
We should expect more pain in the short term, but long term this doesn’t even matter.
Btw i called the exact bottom at $16k three years ago and also the top at $126k and i’ll call my nexy move publicly like i always do.
Many people are gonna wish they followed me sooner.
