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Michael Saylor: AI Rotation Triggers Bitcoin 13% Drop | Flash News Detail | Blockchain.News
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6/4/2026 6:37:00 PM

Michael Saylor: AI Rotation Triggers Bitcoin 13% Drop

Michael Saylor: AI Rotation Triggers Bitcoin 13% Drop

Michael Saylor cites capital rotation into AI as Bitcoin falls 13% to $63919.91 on bearish 4h structure with oversold RSI.

Source

Analysis

Michael Saylor pinned Bitcoin's 13% slide on capital rotation into AI, noting funds shifting from crypto to the AI industry impact amid broader risk-off moves.

BTC price prediction models now face pressure as Bitcoin prints $63919.91 on the 4h chart inside a bearish trend with EMA50 resistance at $70102.53 and EMA200 at $74890.39. RSI(14) at 27.79 flashes oversold while the MACD death cross at -2373.45 reinforces downside momentum; price remains trapped inside the Bollinger bands, eyeing lower support at $61249.25 before any relief bounce.


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