en.bitcoinsistemi.com
Beth Kendick, a well-known name in AI investing and chief technology analyst at IO Fund, reiterated her bullish stance on Nvidia and made a bold prediction about Bitcoin's price trajectory in a recent interview.
Kendick, known for his unwavering belief in Nvidia even during periods of volatility, has now turned his attention to the cryptocurrency market.
Regarding Bitcoin, Kendick explained that $BTC is the third largest position in his firm's portfolio. With Bitcoin's recent rise and exceeding $63,000, Kendick believes that going beyond this level could push $BTC to a minimum of $100,000, which was a prediction he had previously expressed in the program he attended.
The most important reason why Nvidia shares are trading so high overall is due to its artificial intelligence (AI)-powered price movements over the past year. The stock, which rose 61% this year, added to its 240% rise in 2023. The company's shares have risen 481% in the last three years. Although Microsoft is currently the largest company in the USA, Nvidia seems to be aiming for this throne.
*This is not investment advice.