Bitcoin Governance Shock Adds Pressure to $BTC

#Bitcoin is trading around $73K, extending its downside as governance controversy fuels already fragile sentiment. Luke Dashjr has publicly called for Adam Back to step down as CEO of Blockstream, following renewed debate over a 2014 seed-round investment linked to Jeffrey Epstein via MIT Media Lab.

Market reaction remains cautious: the Fear & Greed Index sits at 11 (Extreme Fear), RSI hovers near 42 (sell bias), and short-side whale positioning dominates—signaling bearish control but also setting the stage for volatility. BTC is now testing a critical $73K–$75K support zone; a clean break below could invite further downside, while any reclaim above $76.7K may trigger short covering and a sharp relief bounce.

Beyond price, the episode has reignited long-running tensions around Bitcoin Core governance, decentralization, and corporate influence. For traders, discipline matters: watch volume confirmation at support, manage risk tightly, and be prepared for fast moves in either direction as sentiment remains stretched.

#WhenWillBTCRebound #WarshFedPolicyOutlook #ADPDataDisappoints