Bitcoin (BTC), at one moment, traded at almost $90,000, and with sudden selloffs and breaches of critical support levels, trading is now at $85,000. Historically, events characterized by China \\" FUD\\" (Fear, Uncertainty, Doubt), alongside geopolitical events impacting Asia, have triggered bitcoin selloffs and panic in the highly speculative, volatile cryptocurrency markets.

Losses here ring critical to the market’s fragile confidence in balances of global regulatory friction in the flow of geopolitical assets and cryptocurrencies, China’s threats to institutional markets; and their stability.
<h2>Bitcoin and The FUD China Event</h2>
[embed]https://twitter.com/PeterLBrandt/status/1995322684776054898[/embed]

Market reports focusing on the selloff in risk assets trump the FUD response. And yes, the (FUD) cryptocurrencies within Asia’s digitally fueled markets and FUD responses layer on the (CHINA) FUD. <a href="https://www.cryptoknowmics.com/news/bitcoin-breaks-quiet-week-with-epic-1-billion-fomo-buying-spike/">Bitcoin</a> loss reports at 7%, and yes FUD selloffs in risk assets driven from Asia. Expectations of the FUD bottom from China are illusive.

In the past, speculation regarding crackdowns, or regulatory actions being taken by significant economic players like China, has led to liquidations of a large scale. To traders, it is not only the news that poses a threat to the market, but the news that may initiate a cascading liquidation of positions by highly leveraged traders, heightening the downward pressure on prices.
<h3>The Consequences of De-Leveraging on the Market Structure</h3>
The swift decline to $85,000 was primarily due to deleveraging events where futures and perpetual swaps betting on higher prices were liquidated. This event led to a great deal of selling pressure that rapidly depleted the market support and fell to a new low.

Nonetheless, many analysts of the long term claim that it is very painful to experience, but a major price correction due to liquidation of leverage is a healthy cleansing of the market. It removes highly leveraged speculation, thus enabling a more stable and robust market for the subsequent accumulation. The $85,000 is the current level of price and the market has to determine whether it is support or the remaining fear, uncertainty and doubt may take the price to a much lower level from where it is now.

Market Conditions and China FUD brings Bitcoin to $85K

Bitcoin price tumbles to $85,000 amid renewed FUD (Fear, Uncertainty, and Doubt) stemming from escalating trade tensions and regulatory worries out of Asia.

Market Conditions and China FUD brings Bitcoin to $85K

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