🚨 BITCOIN IS DROPPING — AND HERE’S THE REAL REASON
Bitcoin is down today for a very clear reason, but almost no one is explaining it correctly.
The source is China, and the timing matters.
Yes — China is shaking Bitcoin once again.
Here’s what’s going on:
China has tightened restrictions on domestic Bitcoin mining yet again.
In Xinjiang, a large portion of mining operations were shut down in December.
Roughly 400,000 miners went offline in a short period of time.
You can already see the impact in the data:
📉 Network hashrate is down about 8%.
When miners are suddenly forced offline, several things happen fast:
– Revenue stops immediately
– Relocation and operating costs create cash pressure
– Some miners are forced to sell $BTC
– Short-term uncertainty increases
That creates real sell pressure — not speculation.
This is not a long-term bearish signal for Bitcoin.
It’s a temporary supply shock, driven by policy, not demand.
We’ve seen this pattern before:
China cracks down → miners shut down → hashrate dips → price wobbles → the network adjusts → Bitcoin moves on.
Short term, we may see more volatility.
Long term, this changes nothing.
For the record —
I publicly called the $16K bottom and the $126K top years in advance, and I’ll announce my next move the same way.
A lot of people will wish they paid attention earlier.
