Bitcoin miners’ AI push will send price to $200K - Bernstein.
Will Bitcoin hit $200,000 by next year?
Bernstein says yes!
But with a little help.
Forget about mass adoption or solving world hunger.
There's a new theory for why Bitcoin will moon: Artificial Intelligence.
According to analysts at Bernstein, AI could be the key to sending Bitcoin prices soaring to $200,000 by next year.
Let’s compare Bitcoin mining to the 19th-century ice industry.
Just as ice production inadvertently spurred the development of electrical grids, Bitcoin mining could pave the way for a more robust infrastructure to support AI's immense power demands.
