Dan Morehead: BTC 43% Cheaper Pass AI as Di Divergence Dey Widen
Pantera Capital founder Dan Morehead talk say di gap between AI and crypto na di biggest divergence for history. E talk say one AI sector index dey about 33% above im 4-year logarithmic trend, while BTC dey roughly 43% below im historical trajectory.
Morehead talk say BTC dey “incredibly cheap” because capital don rotate go AI tech sector stocks, wey valuations dey reprice faster. Meanwhile institutional people still never join digital assets well, even though US regulatory situation dey improve and mainstream interest dey grow.
On BTC four-year supply cycle, e expect say short-term go show weakness, but long-term outlook better. E still describe BTC as scarcity hedge wey connect to inflation and fiat debasement.
For traders, the article point to sideways BTC setup with bearish Supertrend and neutral RSI around 61. Key levels: resistance near $79.4k and $81.9k, support near ~$77.7k and $75.7k — constructive long-term, but make una cautious short-term.
Neutral
Morehead framework dey generally supportive for BTC long term because e dey see the current valuation gap versus AI as one kind of "cheaper", and e dey expect say BTC four-year supply-cycle dynamics go improve later. But the same komentar still flag short-term weakness and point to one technically mixed-to-cautious setup (sideways action, bearish Supertrend, neutral RSI).
So, for trading, the immediate implication na range/volatility risk around the mentioned levels rather than clear one-way breakout. Bulls fit lean on the long-term narrative and scarcity/hedge thesis, but confirmation likely go need follow-through beyond the mentioned resistance zones for upside momentum.