China is usually the main cause of the decline from last year until now, this happens because China has the largest bitcoin mining company in the world, and now that it is closed by their country, it causes bitcoin to go down very far.
- I think most of us only hear about the closure of some bitcoin mining factories in China but in reality, we don't have a direct presence in this country and it's all just announced by a few media, and my doubt here is whether these factories have closed or just rumors while these factories are still operating. Just link from the sharp rise of bitcoin like a bubble and need a needle to pierce it, this story will become relatively logical, sometimes here are some fake scenes to create downfall and direct suspicion towards China