Pioneering crypto asset Bitcoin As the halving event is rapidly approaching, many crypto traders and investors are very curious about the price of BTC after this event occurs.
In this context, the artificial intelligence ChatGPT was asked about his opinion on the post-halving Bitcoin prediction.
ChatGPT-4’s Prospects for Bitcoin
The AI synthesized the available information, using the above factors and the premise of a consistent model of market behavior as the basis for its predictions. In this context, from his perspective on February 26, he presented his prediction for the price of Bitcoin after the halving in April.
ChatGPT-4 observed that “looking at historical trends, the price of BTC generally rises with noticeable price increases in the year following halving events.” In this context, he gave the example of the asset rising from approximately $10 to $1,000 within a year after the 2012 halving.
Similarly, the AI bot noted that the price of BTC rose from around $600 to $20,000 in the year after the 2016 halving. In this context, he concluded that a similar increase could happen in the first crypto asset this time, and set the possible target at around $ 179,000 by August 2025.
However, AI may be influenced by various economic, regulatory and technological factors, he noted. He acknowledged the difficulty of predicting the exact impact of the halving on Bitcoin’s price. He therefore noted that “it is very important to keep in mind that these figures are speculative and depend on a wide range of unpredictable factors.”
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