⚈ AI ChatGPT and Xai’s Grok models expect Bitcoin to trade between $ 102,000 and $ 115,000 by May 31, 2025, driven by ETF flows and 2024 event half 2024
⚈ Bitcoin displays higher promotional technical signals than the main intermediate averages with accessibility
⚈ Artificial intelligence models exposed $ 100,000 as a major resistance level and warned of excessive conditions at the peak of volatility and macroeconomic risk
While Bitcoin (BTC) unifies about $ 95,000, the model of artificial intelligence (AI) indicates that the virgin digital currency may end may trade at $ 100,000.
As of the time of the press, the value of Bitcoin was 95,972 dollars, and is overwhelmed by about 1 % in the past 24 hours. On the weekly graph, however, BTC increased approximately 2 %.
Although Bitcoin is still waiting for a decisive step, the technical indicators of assets draw a bullish scenario with caution in the coming days. There is a potentially stretched trend, given that at the current price, Bitcoin is trading over the simple moving average for 50 days (86,698 dollars) and SMA for 200 days (86156 dollars).
However, the average volatility is 6.63 % indicates potential price fluctuations. Meanwhile, the index of fear and greed of 65 (greed) and the 24 -day relative index (RSI) is about 70 on the verge of excessive land hint in excessive trust and a possible decline if the momentum is weak.
You expect artificial intelligence the price of bitcoin
With regard to predicting prices, Openai Chatgpt expects between 102,000 dollars and $ 108,000, with a basic case of $ 105,000 on May 31.
The artificial intelligence model was martyred in many stimuli, such as the possibility of the potential box for exchange (ETF) in Bitcoin and the effect of half in April 2024, as a major motor.
Chatgpt also highlighted $ 100,000 as a decisive psychological barrier, indicating that prices can decline for a period of $ 112,000 once a breach.
However, the model warned that the risks of macroeconomics such as inflation or federal reserve policy can limit gains or lead to a decline of about $ 97,000.
On the other hand, Xai’s Grok has offered wider expectations, determining the price range between $ 90,000 and $ 120,000, with a possible range of 105,000 dollars to $ 115,000.
The model chanted Chatgpt’s point of view on ETF’s adoption, warning it in half and warning of feelings of feelings and seasonal fluctuations. I noticed a potential correction in the short term if the markets are at a peak or if it is organizational uncertainty.
Despite the various expected ranges, both models agree on basic topics: Bitcoin is still optimistic, $ 100,000 is a major battlefield, and short -term fluctuation is still under play.
Bitcoin technical expectations
Meanwhile, technical analysis supports the possibility of bitcoin currencies that exceed $ 100,000. On May 1 mail On X, a prominent online analyst Tradingshot He pointed out that Bitcoin is working on an impressive return, as all the effects of the last “correction of the definitions” that shook the markets were wiped.
According to Outlook, every height has been filled with less than the previous declining direction, with the exception of the peak of January 30. The graph indicates a continued rise, with the low price of Bitcoin from February to April. Since below in April, the original has already published two 15 %+ increase.
The remaining bullish target is above the 2.0 fibonacci extension. Filling this level would represent a third profit by 15.11 %, which displays the short -term target at $ 106,000.
Distinctive image via Shutterstock
