Bitcoin set for 'choppy summer' as capital chases high-flying AI stocks, K33 says
CoinDesk·
60-second summary
Bitcoin is poised for a "choppy summer" as investors increasingly shift their focus to high-flying AI stocks, according to K33. The firm still considers Bitcoin undervalued relative to equities, but acknowledges that the opportunity cost of holding BTC is too high, prompting a rotation into AI stocks that offer potentially higher gains.
The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.