Bitcoin
$BTC under $70,000 – FUD is being activated simultaneously
In less than 1 hour:
• BTC slid below the mark of $69,000
• Price dropped >1% in just 5 minutes
• Multiple transfers of 1,000 BTC (~70–71 million USD) from unknown wallet → unknown wallet
📌 The FUD is piling up in the market:
1️⃣ Price & sentiment FUD
The $70,000 mark is a strong psychological zone. Breaking this level triggers:
• Stop-loss
• Liquidation in the derivatives market
• Short-term “panic sell” effect
2️⃣ On-chain FUD (whale movement)
The chain of transactions of 1,000 BTC from an anonymous wallet:
• Easily interpreted as “whale preparing to dump”
• In reality: unknown → unknown does not mean selling, but is still enough to disturb retail sentiment
3️⃣ Institutional & media FUD
The story revolves around:
• Strategy / Michael Saylor shifting from large profits to unrealized losses
• Narrative being pushed in the direction of “Bitcoin strategy starting to pay the price”
4️⃣ Derivatives FUD
Price drops quickly in a short time frame →
• Funding rate fluctuates
• Weak longs being liquidated
• Technical selling pressure, fear
📊 Strategic perspective
This is a typical stress test phase of a growing market:
• Price drops → FUD appears → on-chain data is interpreted negatively
• While there is no confirmation of large selling from exchange wallets or institutions
👉 Key point:
The current market is not lacking in bad news — but mostly it is psychological + structural FUD, not a fundamental breaking event.
P/s: Additionally, there is FUB related to Binance & CZ 🥹
The right question at this moment is not “Will Bitcoin die?”
but rather: Who is panicking, and who is preparing to act? Where are we
#OG ???
#DCEX_NETWORK #FUD #down&Down