Bitcoin: Tokenization and AI Agents Drive Demand

Bitcoin demand is shifting to concrete drivers: tokenization and AI agents, according to Jamie Coutts in discussion with @CryptoMichNL. The US Treasury last week highlighted blockchain for debt issuance to attract buyers, turning government needs into a direct catalyst rather than regulatory friction. This pairs with machine-driven demand from AI agents over the next 12 months, bypassing sentiment cycles entirely.

Price action on the 4h chart shows BTC at $64441.11 testing inside Bollinger Bands with upper resistance at $65669.29. The EMA50 at $64516.23 acts as immediate resistance while the EMA200 at $63900.1 provides deeper support; despite the bearish structure, the MACD golden cross at -189.96 signals building momentum that could push toward band expansion before any retracement to the 50-EMA.