Hilbert CIO Sets Bitcoin’s $65,000 Risk Below $71,900 Support

Bitcoin (BTC) could move toward $65,000 if support near $71,900 breaks, Hilbert Group Chief Investment Officer Russell Thompson warned, citing concern that financing strain at smaller AI and chip companies could trigger margin calls. Thompson put Bitcoin at about $74,200 at the time of his assessment. He identified nearer support levels at $72,800 and $72,700, followed by a larger trend line near $71,900. He described $70,000 as a prominent round number with little technical support. Thompson’s concern was that financing pressure at smaller artificial intelligence and semiconductor companies, alongside possible hedge fund losses, could lead to margin calls. Investors pressed to raise cash might sell holdings they consider less central to their portfolios.

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