Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records
Crypto
Bitcoin plunged 6.4% to $65,708 and ETH broke below $1,900 in Asian trading Wednesday, diverging sharply from MSCI ACWI hitting fresh all-time highs on AI optimism. The rotation signal — equities ripping while crypto dumps — suggests risk appetite is channeling into AI/tech rather than digital assets, a bearish near-term setup for BTC and ETH.
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↓ SHORT-12% target+6% stop1-2 weeks
Short MSTR and COIN into BTC weakness — the equity-crypto divergence flags a rotation out of digital assets that punishes leveraged proxies hardest.