Bitcoin: Semis Bear Market to Spur Capital Rotation

Bitcoin stands to absorb capital fleeing the semiconductor sector as André Dragosch forecasts a two-year bear market in semis through 2028 after the AI trade crested. The LPPL model on the SOX index has flashed a reversal signal, confirming the bubble top and prompting institutional desks to scan for new homes in crypto. BTC trades at $63629.42 inside its Bollinger band with upper resistance at $65642.15 and lower support at $63183.13; the bearish EMA50 at $64326.89 and EMA200 at $63741.02 cap upside while MACD death cross at -271.48 and RSI at 38.15 keep momentum neutral. Price action testing upper Bollinger resistance while RSI stays subdued points to a healthy retracement toward the 50-EMA support before any continuation higher. This setup aligns with historical capital rotation patterns from AI-exposed equities into BTC observed over the past year and supports ongoing BTC price prediction models that factor in macro shifts away from the AI industry impact.