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Woofun AI reports that Bitcoin’s price action has stalled near the $65,000 mark, a stagnation attributed by analyst Wise Crypto to a broader rotation of capital toward artificial intelligence-linked technology stocks, which is actively draining liquidity from digital assets.
Spot Bitcoin exchange-traded funds (ETFs) recorded seven consecutive sessions of net inflows totaling nearly $1 billion as of July 23, 2026. This positive flow stands in stark contrast to the $6.9 billion in net outflows observed between May and June.
Meanwhile, major tech corporations are allocating between $190 billion and $205 billion to AI infrastructure this year. Nvidia’s data center revenue grew 92% year-over-year, driving a 69% rally in sector stocks. Over that same period, Bitcoin’s price has accumulated an approximate decline of 25%.
The macro environment remains tight, with the two-year Treasury yield sitting near 4.3% and the ten-year rate hovering around 4.6%. These levels strengthen the dollar and encourage caution among risk-asset investors. At the time of writing, the asset trades above $65,300, recording a daily drop of 0.6%. Over the last 24 hours, the trading range fluctuated between $65,300 and $66,300. The current price sits 45% below the all-time high of $126,000 reached in October of last year. Brent crude settled near $94 per barrel following recent attacks between the United States and Iran. A report from market observer Ted Pillows indicates that the real yield on ten-year TIPS hit 2.31%, exerting direct pressure on non-yielding assets.
Woofun AI data shows technical analysis from Michaël van de Poppe points out that holding the price above the 21-day moving average keeps open the possibility of an advance toward $68,000. A sustained move above that resistance would allow for projections toward the $73,000 range. Data presented by Axel Adler confirms that ETFs gathered $439 million so far this week, in a context where the Coinbase discount begins to shrink after 78 days. A report from Bitfinex specifies that the range between $67,900 and $68,300 acts as a liquidation zone for short-term holders.
Meanwhile, analyst EGRAG CRYPTO identifies a double bottom pattern in development, the validation of which will require a weekly close above $83,000.
Traders’ attention now shifts to the upcoming weekly close to verify whether technical support consolidates above key moving averages. This verification is critical for determining if the current consolidation phase will resolve into a breakout or further decline.