Capital is rotating out of Bitcoin into AI and chip stocks.
FOMO peaking. Market overbought.
But wait until China floods the world with cheap, high-performance chips, like they did with solar, like they're doing with EVs.
Everything becomes abundant.
But Remember:
Bitcoin is the only absolute scarcity.
🚨 IT'S HAPPENING: 🇨🇳 CHINA IS CLOSING IN ON THE LAST THING IT COULDN'T BUILD.
HBM. The memory inside every AI chip on earth. The crown jewel. The one China was GENERATIONS behind on.
Not anymore.
CXMT just hit HBM3, matching the tech Samsung and SK Hynix built their empire on.
The gap that was supposed to last a decade? It just collapsed to THREE YEARS.
And CXMT is raising $4 BILLION to slam the door shut.
Are you positioned?
Capital markets are funding the AI buildout at historic scale: ~$400B over 6 months. Bitcoin ETFs have seen ~$4B of outflows since May 14, pressuring $BTC. This is a capital rotation, not a Bitcoin impairment. Volatility creates opportunity.
A straight line in a log linear chart is an exponential and Bitcoin is not exponential so this is garbage. This line is meaningless and bound to be broken soon or later.
$BTC/4-hour
#Bitcoin 4-hour chart signals a bullish divergence on RSI, which has dropped into the oversold zone. I reckon there will be a bounce soon 🚀
Bitcoin's Production Cost support band is now at $60,800.
If there is a line in the sand for this correction, this is one of the strongest candidates.
Production cost support has historically provided a solid floor during major pullbacks and could help save this selloff.