🤖Artificial Intelligence Predicts Bitcoin Price by End of Year
OpenAI has unveiled its latest cutting-edge model, o1. To test its capabilities, the tool was tasked with predicting the price of Bitcoin (BTC) by the end of 2024.
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In its optimistic forecast, o1 believes that Bitcoin could “experience significant upward momentum” with a rise above its all-time high. The conservative forecast suggests that BTC will be in the range of $80,000 to $100,000 by the end of the year.
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The pessimistic forecast indicates that the price of Bitcoin will be between $60,000 and $70,000 at the end of December 2024.
💡The bullish forecast of the OpenAI AI model is based on several significant factors. The first two are the April halving and the launch of a spot Bitcoin ETF.
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