It does not make sense to me.

Greetings.

When scam FTX collapsed there was a narrative that it is game over for Bitcoin and people were panicking and selling Bitcoin on these FTX news. I do not see the logic behind this. One of Bitcoins properties is that it enables you to have true ownership. The very thing that protects you from scams like FTX. FTX collapse should have been "do not trust the middle man" moment and it should have increased Bitcoins demand and push price higher. In reality the opposite happened.

Now there is a lot of narrative that Bitcoin will crash because the central banks interest rates are high and probably going up even further and the stock markets will drop also. I do not see the logic here either. Bitcoin is not some high tech company that is in trouble because it is deeply in debt and now is struggling to pay high interest rates to service the debt. Bitcoin is isolated most secure system in the World that works. Who is spinning this propaganda? What are your thoughts?