Bitcoin: Big Tech AI Debt Hits $320B Record

Bitcoin faces fresh pressure after Big Tech AI debt issuance is projected to reach a record $320 billion this year, a 60% jump from 2025 levels and nearly nine times 2024 volumes, according to The Kobeissi Letter shared by André Dragosch. The surge positions AI-focused firms as direct rivals to the US Treasury for long-term capital, driving yields higher and pulling liquidity away from risk assets including crypto. This marks the clearest sign yet of AI industry impact bleeding into traditional markets and BTC price prediction models.

Price action on the 4h chart shows BTC at $79986.23 inside the Bollinger Bands with the upper resistance at $82181.47 still in play. The EMA50 at $78834.31 and EMA200 at $73318.58 continue to anchor the bullish structure, yet the MACD death cross at 349.14 warns of near-term momentum loss while RSI at 55.88 stays neutral. A healthy retracement toward the EMA50 support appears probable before any continuation higher.