Artificial intelligence predicts 100% growth of bitcoin cryptocurrency

Finbold analysts used the capabilities of advanced artificial intelligence platforms to find the answer to one question: what will be the price of bitcoin in 2024.

According to some price forecasting algorithms, BTC $56,416.10 Bitcoin -1.81% Market capitalization $1.11 trillion VOL. 24 hours $4.33 billion will continue to grow throughout 2024 and until its end, reaching a whopping $ 149,145 on the last day of December 2024. Accordingly, bitcoin may increase in price by 103.56% compared to its current value.

This will happen provided that the forecasts based on historical BTC price trends, technical analysis (TA), and various chart models actually materialize.

At the same time, GPT-4 suggested a possible price for bitcoin by the end of 2024, which is in the range between a pessimistic value of $ 72,991 and a more bullish upper bound of $ 100,000. «Although no specific upper limits have been set, given bitcoin’s past performance and expert optimism, it would not be far-fetched to assume that the price of BTC could reach or even exceed $ 100,000 ,» the neural network said.

Claude 3 Opus, the latest artificial intelligence model from Anthropic, sees the lower limit of the BTC price at $ 90,000 and the upper limit at $ 120,000 by the end of 2024. It was Claude 3 Opus that named the top 3 cryptocurrencies for investment in 2024. Among them: Bitcoin, Ethereum, and Cardano.

Anthropic presented the new model on March 4, and the developers have already called it better than the competing tools ChatGPT-4 and Gemini 1.0. Claude Opus has become a valuable tool for investment analysis. Google Trends has recorded an increased interest in Claude AI: the number of searches for this term has grown rapidly over the past 90 days.