#bitcoin does not drop for #FUD .

Drops for structure.

Rigid algorithm: no elasticity, no response to demand.

When the market slows down, the price pays it all.

High fees: during congestion, Bitcoin becomes expensive, inefficient, and less usable.

A system that only works when it is little used is a paradox.

#miners under pressure: #Reward declining, high costs → constant sales.

Bitcoin does not collapse.

It deflates.

Defending it like a religion will not make it rise.

Analyzing it as an economic system, yes.