Bitcoin could fall toward $65,000 if losses across artificial intelligence and semiconductor stocks trigger broader portfolio liquidations, according to Russell Thompson, chief investment officer at Hilbert Group. With Bitcoin trading around $74,200, Thompson identified $72,800 as the initial support level, followed by $72,700 and a major trend line at $71,900. A break below the latter could put $65,000 in focus, while Bitcoin exchange-traded funds recorded roughly $1.2 billion in outflows the previous week. Thompson nevertheless expects a potential recovery, arguing that unwinding positions in artificial intelligence and technology stocks could eventually release capital for cryptocurrencies as deleveraging subsides.
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