Bitcoin (CRYPTO: BTC) is falling behind the AI trade, with a bounce around $71,000 being key for long-term market structure, according to analysts.

Bitcoin continues to ignore surging US stocks as BTC price action heads closer to the "crucial" $72,000 mark.

MN Trading Capital founder Michael van de Poppe said Bitcoin risks facing a decline to $65,000 if it doesn’t hold at its current level of $73,000.