Tokenization and AI Fuel Bitcoin Demand Shift Amid Treasury Blockchain Push

The US Treasury's recent highlight of blockchain for debt issuance has sparked a significant shift in Bitcoin demand, according to Jamie Coutts. In a discussion with CryptoMichNL, Coutts pointed out that tokenization and AI agents are driving this change.

Treasury officials have emphasized the potential of blockchain technology in attracting buyers by issuing government debt directly, rather than relying on regulatory frameworks that can create friction. This development pairs well with the growing influence of machine-driven demand from AI agents over the next 12 months.

The price action on the 4h chart shows BTC at $64,441.11 testing inside Bollinger Bands. The upper resistance is set at $65,669.29, while the EMA50 serves as immediate resistance at $64,516.23. In contrast, the EMA200 provides deeper support at $63,900.1.

The MACD golden cross at -189.96 signals building momentum that could push the price toward band expansion before any potential retracement to the 50-EMA.