There is a logic to this... BTC will not go anywhere until it gives a kiss to the lower BB band (or well, Supertrend). And MACD confirms this.

Now Bitcoin is officially part of US reserve, the market will react to this in the next 48-72 hours, the dump has no real logic but it is a dump .
The same way market reacted with delay on Bybit hack it will be the case for this bullish narrative