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