Bitcoin: AI Crash Thesis Fuels $1M BTC Price Prediction

Bitcoin draws fresh attention after Arthur Hayes outlined how an AI bubble burst could redirect capital into crypto and lift BTC toward $1M.

Price action on the 4h chart shows BTC at $62282.21 pressing the lower Bollinger Band support at $62571.26 while the EMA50 at $63996.17 and EMA200 at $68261.92 cap any recovery, with the MACD death cross at -264.85 confirming bearish momentum and RSI at 34.35 leaving room for further downside before a relief bounce.