You may or may not know what is the current golden state of FuD, well I will tell you there are three mayor FuDs.
Craig Wright court order.
Binance closing to US costumers.
And the tether thing.
They all together could crash the whole crypto market, but it doesn't mean it could actually happen.
The Binance thing could affect the whole market because US citizen have lots of money and if this costumers can't find exchanges than altcoins may drop bringing prices don't for everything. The Binance thing could affect Bitcoin because a mayor use for Bitcoin is to exchange for altcoins.
The price could be already been calculated but that is something that we have a date for it.
THE CRAIG WRIGHT
There is a very small chance he actually has the satoshis Bitcoin, if he moves those coins you can bet the price will dump immediately, and that will put second thoughts in the whole crypto market. That chance is very close to zero.
Now, if he was to be satoshi that would mean Bitcoin SV could be the original Bitcoin. But that could bring more shit than what I am willing to write today.
This is pure Fud and that chance is very little and even if he was Satoshi the whole community could decide to continue to use btc as Bitcoin. Craig may be doing all of this theater to say bsv is Bitcoin but even if he was the whole community could decide to stick to btc and remove blockstream and continue as nothing ever happen.
The tether thing.
I believe after October 31 they will be call to the attorney general or something that has potential to tank the price more than the previous 2 reasons.
Why because usdt was use to not get into USD so to not pay taxes, to hide your holdings while the market was pumping or dumping.
Government may try to get the tether people so that they actually reflect what they have and who owns how much taxes.
The tether thing is not good no matter the reasons why the attorney general is going against it. Whatever the reasons the tether thing is not a good thing.
Price will not pump with tether it will surely dump on exchanges that use real USD. People will try to get out of both btc and usdt into USD. Meaning tether government reach equal to dump.
THOSE ARE THE THREE ONLY REASONS I KNOW WHY BITCOIN IS DUMPING OR IS GOING TO DUMP, AND IT IS ALL WITHIN THE NEXT 15 DAYS TO 2 MONTHS.
If you have any other reasons for FuD please shared.
This is only the bearish side, the bull side that will be your homework.