• The NVIDIA earnings report comes out positive with over $30 billion in revenue.
  • One analyst predicted this outcome and admits to the report exceeding expectations.
  • Analysts expect the bullish sentiment to slowly seep into stocks and crypto.

Amidst the declining sideways movement of Bitcoin (BTC), the hope for a bullish surge comes from NVIDIA earnings report, Top crypto analysts expect the NVIDIA report to influence the crypto market. A positive or negative report would have similar effects on the crypto industry and the NVIDIA report is finally out. 

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The entire market is waiting for the NVIDIA numbers to be published later today. Anything above or below the expectations will have massive impact on stock and crypto market

My bet: Numbers to be better than expected

— Doctor Profit 🇨🇭 (@DrProfitCrypto) August 28, 2024

Analyst Predicts Positive NVIDIA Report

Before the NVIDIA report came out, a top silver-tongued crypto analyst, Doctor Profit , explained how the entire market was waiting for the NVIDIA numbers to be published. He made it clear that anything above or below expectations will have a massive impact on stock and the crypto market. He then went on to predict that NVIDIA’s numbers would be better. 

🚨 BREAKING 🚨

NVIDIA EARNINGS ARE POSITIVE 🔥

NVIDIA Q2
REVENUE $30.04B
ESTIMATED $28.9B

WE SAW SOME PROFIT BOOKING
TODAY COZ PEOPLE ALREADY WERE
EXPECTING POSITIVE NUMBERS

SOON WE WILL SEE A PUMP IN
NASDAQ WHICH WILL BE BULLISH
FOR BITCOIN CRYPTO.

PATIENCE = PROFIT 🤝 pic.twitter.com/aj6q2EKTJQ

— Ash Crypto (@Ashcryptoreal) August 28, 2024

The NVIDIA report is now finally out and has revived bullish expectations for stock and crypto holders. As we can see from the post above, the NVIDIA earnings are positive much like Doctor Profit had predicted. 

Adding on the post reveals that NVIDIA’s Q2 revenue is $30.04 billion and estimated to be $28.9 billion. The post goes on the say that profit booking took place as many were already expecting to see positive numbers and goes on to say that soon NASDAQ will be a bullish pump followed by Bitcoin and crypto.

Bullish Sentiment Revived for Crypto Community 

The posts ends by highlighting that holders will all see profit as long as they carry patience. Even Doctor Profit commented saying NVIDIA’s earnings beat expectations and is pleased to have seen his prediction come true once again. 

This news in addition to Pavel Durov’s release from custody under bail should have a positive impace of Bitcoin and crypto prices. Yet, the sentiments are yet to be reflected. Perhaps, Durov’s impending trial is what’s halting crypto surge progress. Doctor Profit adds that the pump will only come after market makers believe traders are exhausted . 

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