Bitcoin: AI Longs Hedge via Short Squeeze

Bitcoin remains the go-to pair trade to hedge AI longs, its squeeze-prone nature setting it apart from predictable legacy shorts like $WM and $NKE as Bitcoin correlation with AI stocks pair trading persists. At $64731.17 price presses the upper Bollinger band resistance of $64803.27 while RSI(14) sits at 70.71 in overbought territory and MACD holds its golden cross; this confluence flags a likely pullback to the EMA50 support at $63747.6 before any extension higher on the 4h chart.