Bitcoin: Narrative Moat Holds as Capital Chases AI

Bitcoin remains a narrative asset whose moat rests on belief systems that outlast shifting fundamentals, according to Jordi Visser in comments shared by @CryptoMichNL.

Visser noted that BTC has survived repeated bear markets and now sits in long-term acceptance, yet price action stalls because capital currently routes toward AI opportunities instead.

With price testing upper Bollinger resistance at $64975.58 while RSI(14) holds neutral at 53.9, the MACD golden cross at 101.74 points to continuation once inflows resume, though a pullback toward the EMA50 support at $64189.89 remains the immediate risk before any sustained move higher.