Gemini (GEMI) co-founder Cameron Winklevoss has called the artificial intelligence (AI) trade a special opportunity for investors to buy Bitcoin (BTC) at a discount, saying Bitcoin’s fall to $65,000 is a “time machine” to buy the asset, not a warning.
"The AI trade has given the world a time machine to go back in time and invest in Bitcoin at $65k," Winklevoss wrote in a post on X on Tuesday. He said that the current setup was “an unprecedented time to buy the dip — hiding in plain sight.” He added that “The only question now is when will Bitcoin go back to the future.”
His comments landed as Bitcoin’s price crossed $65,000 in intraday trading for the first time in over a week, rising 1.7% in 24 hours before easing to around $64,700. The apex cryptocurrency outperformed U.S. equities during the session, with the SPDR S&P 500 ETF (SPY), SPDR Dow Jones Industrial Average ETF (DIA) and Invesco QQQ Trust (QQQ) all trading lower.
