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$Bitcoin got punched.
But I think this move says more about fear than weakness.
BTC dropped near $76K while funds bled over $1B in outflows.
At the same time, Strategy bought another $2B worth of Bitcoin.
That is the part most people will ignore.
Retail sees Iran tension, Hormuz risk, and red candles.
Big balance sheets see forced sellers and cheaper supply.
I do not call that panic.
I call that transfer.