Bitcoin is facing renewed downside pressure after Hilbert Group's chief investment officer warned that losses in AI-related stocks could force investors to sell BTC, potentially driving the price toward $65,000. Speaking without a fixed timeframe, he argued that when popular technology bets turn sour, funds often liquidate assets that can be sold quickly—and Bitcoin's round-the-clock liquidity makes it a likely source of cash.
At the time of analysis, Bitcoin traded near $75,000, roughly 13% above the CIO's target. The cryptocurrency also sat below both major moving averages: the 50-day average near $79,000 and the 200-day average around $76,000. Bitcoin has lost about 10% over the past month and roughly 2% over the past week, with daily momentum indicators such as RSI near 37 and a downward-pointing MACD suggesting sellers still have the upper hand, though not yet in panic territory.
The bearish setup contrasts with a strong recovery in AI-linked equities. The Nasdaq 100 bounced 3.4% on Monday, adding roughly $1.1 trillion to $1.3 trillion in value, while gold and silver also advanced. Bitcoin, however, ended the day nearly flat, up only 0.7%, and was already down 1.3% on Tuesday morning. This divergence has traders watching whether BTC can hold key support or follow a deeper corrective path.
Short-term technicals show a small descending wedge on the 4-hour chart. Analysts note that a weak bounce followed by another rollover would not be constructive; either Bitcoin stages a strong breakout or it may head toward $69,000—the top of the 2021 bull market. On the daily chart, horizontal support near $73,800 and the 200-day simple moving average are seen as potential brakes. If both fail, $69,000 becomes the next major level.
On the weekly timeframe, a MACD cross-down has historically preceded sharp corrections, but chart watchers also highlight the possible formation of a large inverse head-and-shoulders bottoming pattern. That structure, if it plays out, could eventually support a move toward $116,000, though further short-term downside may still occur before any bullish reversal.
