Bitcoin: Hyperscalers Tightening Triggers Selloff

Bitcoin began its selloff precisely when hyperscalers saw tightening financial conditions from late October onward, according to André Dragosch.

The move aligns with credit downgrades hitting major AI infrastructure players, raising fresh questions around AI industry impact on liquidity and potential crypto market crash signals. Traders now watch whether this macro shift overrides the recent MACD golden cross.

Price sits at $63071.66 inside the Bollinger band with upper resistance at $64094.04. The bearish structure keeps price below the EMA50 at $63715.29 and far under the EMA200 at $70586.22, while neutral RSI at 52.16 leaves room for a test of lower band support near $60823.32 before any sustained recovery in BTC price prediction models.