Hilbert CIO: Bitcoin Faces a Risk of $65,000 Due to Selling Pressure from AI
2026-11-10 00:42:25
According to CoinMeta, Russell Thompson, the chief investment officer of Hilbert Group, warned that if the key support level is breached, Bitcoin could fall to $65,000. He pointed out that losses in AI and chip stocks could force investors to sell their crypto assets to meet margin requirements. Thompson expects that although there may be a flow of funds back into digital assets in the future, he remains bearish on Bitcoin in the short term. He mentioned that in the current market environment, investment funds could face further pressure, especially in the AI trading sector. Thompson also noted that Bitcoin's initial support level is at $72,800, and if this trend line is lost, $65,000 could become a focal point.
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Source:Cryptonews
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