# Bitcoin Stuck at $65K as Capital Flows to AI Investments Analysts point to shifting investor focus from crypto to AI stocks amid macroeconomic pressures. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-07-23 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/6fd976a5-b8d9-4b14-bb92-fdac6aa84dab ## Bitcoin's Stagnation Bitcoin has been range-bound around $65K recently. Analysts attribute this to capital rotating into AI stocks and persistent inflation concerns. Despite modest spot ETF inflows, May-June outflows continue to weigh on market sentiment. ## AI Spending Boom Big Tech is investing $190-205B in AI infrastructure this year. Nvidia's data center revenue jumped 92% YoY. AI-linked stocks gained ~69% since January while Bitcoin dropped 25% over the same period, highlighting shifting capital allocation. ## Macroeconomic Headwinds With 2-year Treasury yields at 4.3% and 10-year at 4.6%, the strong dollar is dampening risk appetite. Brent crude nearing $94/barrel after US-Iran tensions adds to inflation worries, pressuring non-yielding assets like Bitcoin. ## Key Technical Levels Traders watch the 21-day moving average as critical support. A break above $68K resistance could target $73K. The developing double-bottom pattern needs weekly close above $83K to confirm, with $173K as potential long-term target if validated. ## ETF Flows and Market Signals Bitcoin ETFs saw $439M inflows this week as the Coinbase premium discount narrows after 78 days. Short-term holders tend to sell near $68K, creating resistance. This profit-taking behavior has historically capped rallies. ## Changing Market Dynamics Traditional risk appetite indicators show capital rotation from crypto to AI and conventional assets. Bitcoin needs lower inflation and stronger demand to break its $60K-$70K range. Investors remain cautious amid uncertain macro conditions. ## Sources covering this story - https://cryptopotato.com/analyst-bitcoin-stuck-near-65k-because-capital-is-flowing-to-ai/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._