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#Russell Thompson

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Bitcoin Risks Drop to $65,000 if $71,900 Trendline Breaks, Hilbert CIO Warns
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Bitcoin Risks Drop to $65,000 if $71,900 Trendline Breaks, Hilbert CIO Warns

Key Highlights: Hilbert Group Chief Investment Officer Russell Thompson warned on Nov. 9 that Bitcoin could slide toward $65,000 if critical trend-line support at $71,900 fails. Forced selling triggered by margin calls in strained artificial intelligence and semiconductor portfolios threatens to spill over into liquid digital asset holdings. U.S. spot Bitcoin ETFs experienced heavy redemptions, ...