Bitcoin could fall to $65K if AI selloff triggers liquidation, Hilbert CIO says

The notable point is that bitcoin's near-term risk is being framed as a spillover from AI and semiconductor equities, not from crypto-native catalysts, which suggests cross-asset correlation remains the dominant driver. The combination of ETF outflows and rising downside-hedging demand indicates positioning is already defensive, so the $71,900 trendline and the $70,000 psychological level are the levels that matter for whether the $65,000 scenario gains traction. Whether the anticipated rotation out of tech actually materializes, and whether it arrives before further liquidation pressure, is the open question.