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Bitcoin may drop to $65,000 if key support breaks amid AI stock selloff, but recovery could follow capital shifts.

Market News
09 Nov 2026, 20:59 WIB
Crypto Briefing
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Bearish
Bitcoin may drop to $65,000 if key support breaks amid AI stock selloff, but recovery could follow capital shifts.

Russell Thompson of Hilbert Group warns that Bitcoin could fall to $65,000 if it breaks the $71,900 support level due to forced selling triggered by losses in AI and semiconductor stocks. The recent tech selloff and margin calls might push investors to liquidate non-core assets like Bitcoin. Despite this bearish outlook, Thompson expects that as investors unwind AI and tech positions, some capital may flow back into cryptocurrencies, potentially supporting a Bitcoin recovery before year-end. This comes ahead of the US consumer price index report and a likely Federal Reserve rate hike in December.

The AI selloff and Bitcoin price outlook provide context for cryptocurrency market activity on Pluang as of Nov 10, 2026 01:41 WIB. Among 50 major cryptocurrencies, 30 rose and 19 fell today. Notable movers include BAT (Basic Attention Token) up 6.08% at Rp2.360 with 99% buy orders, XRP (Ripple) down 5.36% at Rp19.829 with nearly balanced buy/sell orders, and ETH (Ethereum) down 4.89% at Rp38.411.239 with 69% buy orders. The most notable figure is BAT's 99% buy order activity.

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