π Institutional Insights
π Institutional Insights Bernstein | BEARISH βββββββββββββββββ Bernstein Bearish Outlook β Key point: AI trade led the rise of Bitcoin, and concerns about quantum computing are evaluated as exaggerated β Background: Analysis that the recent Bitcoin rally originated from the inflow of AI-related funds rather than technological innovation. β AI Comment: The agency's recent bearish forecast hit rate is low at 33% (1 out of 3). Considering the current market momentum and trading volume, it should be viewed as a reference level rather than a simple bearish signal. BTC $64,981 View original
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