![\"Cryptocurrencies,](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/02\/cointelegraph:069ec54c6094b-03f86dc27eb8009d68392d38b01f66eb-resized.webp.webp\")
<\/p>\nBitcoin\u2019s next major leg up could hinge on artificial intelligence stocks becoming excessively overvalued in the eyes of investors, according to macroeconomist Lyn Alden.<\/p>\n
\u201cIt could be that the AI stocks eventually just peak, they get so silly big that they can\u2019t get realistically much higher,\u201d Alden told Natalie Brunell on the Coin Stories podcast published to YouTube on Thursday.<\/p>\n
When an asset\u2019s price rises to a level where further gains are harder to justify, capital often moves into other opportunities with more potential upside. <\/p>\n
<\/p>\n
With Bitcoin (BTC) down almost 46% from its October all-time high of $126,100, Alden suggests it could be a beneficiary of that rotation.<\/p>\n
Nvidia may be the \u201cmost important stock\u201d in US, says exec<\/p>\n
Some financial analysts are questioning whether the largest AI stocks will keep up their momentum in 2026. Albion Financial Group chief investment officer Jason Ware recently told Fox Business that he expects GPU chipmaker Nvidia (NVDA), the largest company on the Nasdaq stock exchange by market capitalization, to have \u201canother great quarter,\u201d but asked whether it will \u201cbe good enough.\u201d <\/p>\n
\u201cWe all know they are the most concentrated, obvious winner in the AI build out. Can that growth continue in a way that supports the stock moving higher?\u201d<\/p>\n
Nvidia\u2019s (NVDA) stock price is up 35.48% over the past 12 months, according to Google Finance, and Ware said that it is \u201cprobably the most important company and most important stock in America in the market.\u201d\u00a0<\/p>\n
The rise of investor interest in AI means that Bitcoin is now \u201ccompeting for capital\u201d in a way it never has before, Bitcoin developer Mark Carallo said on Thursday.<\/p>\n
Bitcoin only needs a \u201cmarginal amount\u201d of new demand<\/p>\n
However, Alden said Bitcoin wouldn\u2019t need a significant wave of capital to move higher. \u201cIt only takes a marginal amount of new demand to come in,\u201d Alden said, adding that long-term holders essentially \u201cput the floor in\u201d as short-term traders rotate out.\u00a0<\/p>\n
\u201cThe coins rotate from fast money hands to strongly held hands; they are really not going to want to part with it unless it goes up like 5X or more, that kind of buyer,\u201d she said.<\/p>\n
Bitcoin is trading at $67,849 at the time of publication, down 24.49% over the past 30 days, according to CoinMarketCap.\u00a0<\/p>\n
Alden said she does not expect a quick, near-term surge in Bitcoin\u2019s price. <\/p>\n
\u201cBitcoin rarely makes V-shape bottoms outside COVID stimulus-type events,\u201d she said, adding that it \u201cnormally it hits a low level then goes sideways for quite a while.\u201d <\/p>\n
\u201cI think we\u2019re in more of a grind,\u201d Alden said, adding that it may move $10,000 lower or $20,000 lower, and it is still in that \u201cgrinding part.\u201d<\/p>\n
Magazine: Bitcoin may take 7 years to upgrade to post-quantum: BIP-360 co-author<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s next major leg up could hinge on artificial intelligence stocks becoming excessively overvalued in the eyes of…\n","protected":false},"author":2,"featured_media":198337,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":{"0":"post-294745","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/294745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=294745"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/294745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/198337"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=294745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=294745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=294745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}