Vida: Reduces One-Third BTC Position

Vida, founder of Fangchengshi, trimmed one-third of his $BTC holdings after acquiring $3 million in spot Bitcoin at roughly $59,000 average price in early February, now targeting a re-entry between $45,000 and $55,000 within one to three years as the new narrative faces pressure from AI industry impact and US Treasury yield fluctuations despite an expected bull market; the same trader separately deployed $8 million to purchase 128.28 BTC between $70,500 and $60,035 at an average cost of $62,363.57 for a short-term scalping rebound. At the current BTC price of $63,500.41 the 4-hour chart shows price inside the Bollinger Bands testing upper resistance at $64,310.32 while the EMA50 at $64,061.6 and EMA200 at $63,720.82 define overhead resistance in a bearish structure confirmed by MACD death cross at -258.82 and neutral RSI at 42.06, suggesting a healthy retracement toward the 50-EMA support before any continuation that aligns with Vida's BTC price prediction for lower re-entry levels amid ongoing crypto market crash risks tied to macro and AI sentiment shifts.