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Bitcoin

Bitcoin faces $65K risk as AI losses threaten forced selling, Hilbert CIO says

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Hilbert Group’s Russell Thompson has warned that Bitcoin could fall toward $65,000 if key support breaks, as losses in AI and chip stocks threaten to force investors to sell crypto to meet margin calls. Thompson expects Bitcoin selling during deleveraging, followed by a possible return of capital from AI. Bitcoin support around $71,900 is central to his conditional warning of a decline toward $65,000. Hilbert’s liquidity models have weakened since Nov. 2, while options pricing favors downside protection. October’s U.S. CPI report is scheduled for Nov. 10, ahead of December’s Fed decision. Hilbert Group’s chief investment officer, in comments shared with crypto.news on Nov. 9, said funding concerns surrounding smaller AI and semiconductor companies could bring further losses across investment portfolios.

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