Arthur Hayes: AI Drained Bitcoin Liquidity

Arthur Hayes told @CryptoMichNL that Bitcoin has stalled because the AI industry impact sucked every dollar from crypto flows, with no cash left to chase BTC or HYPE until the long-awaited big print arrives. The former BitMEX chief described the reversal trade he has waited two decades to execute once capital rotates back from AI. BTC price prediction models now hinge on this macro rotation, as price sits at $62588.6 inside a bearish structure with EMA50 at $64609.07 acting as resistance and EMA200 at $69053.04 capping upside. Momentum shows RSI(14) at 34.14 while MACD prints a death cross at -417.76, and price tests the lower Bollinger Band support at $62635.79, setting up a potential snap back to the 50-EMA before any continuation higher.