The midfielder was part of the Dortmund side who secured a 6-0 victory over Wolfsburg last weekend, with the in-demand midfielder scoring a second-half double.
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In a clip that has been shared on Twitter account @LiverpoolPhotox, Bellingham appears to be sending an impassioned message to the Dortmund fans, with supporters on social media convinced that he's saying: "F*** the talk, I'm staying."
One supporter wrote: "Heart says he's staying for one more year then joining Liverpool, head says he's off to Madrid."
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Meanwhile, another Liverpool fan said: "Good lad. Too early to move to Madrid."
But one Reds fan said: "He probably means ignore the talk/noise, he's focussed on Dortmund right now."
This comes after it emerged that Real Madrid were confident of winning the race to secure his signature.
Bellingham is set to be one of the most talked about stars this summer with clubs including Liverpool and Manchester City keen, however, it's understood that his father met Madrid representatives in London.
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The 19-year-old moved to Dortmund from Birmingham City 2020 in a £20million deal and has exceeded all expectations.
Bellingham has managed 21 goals in 130 games, while also becoming a starter at the 2022 World Cup for England.
As a result, the player is now expected to fetch well over £100million should Dortmund decide to cash in.