The most popular artificial intelligence has predicted the growth of bitcoin to $ 5 million by 2050

ChatGPT, the world’s most famous chatbot developed by OpenAI, has predicted that bitcoin will rise to $ 5 million by 2050.

Twitter user X (renamed Twitter) The Bitcoin Therapist asked ChatGPT to predict the price of the flagship crypto market in the long-term perspective. Artificial intelligence replied that by 2050, BTC’s value will range from $ 100,000 to $ 5 million. However, according to the AI, there are certain conditions:

• The cryptocurrency will be used worldwide;
• Bitcoin will become the most popular means of capital preservation;
• Bitcoin is being integrated into various financial systems.

If bitcoin fails to «take deep roots» in the community due to bureaucratic obstacles, technical limitations, and other negative factors, the digital asset will be worth between $ 20,000 and $ 500,000 in 2050, ChatGPT noted.

The chatbot believes that the optimistic scenario of events will lead to an increase in the price of bitcoin:

• Up to $ 150,000 by 2024;
• Up to $ 500,000 by 2028;
• Up to $ 1 million by 2032.

Due to the peculiarities of the code, ChatGPT does not provide forecasts on the dynamics of changes in the rate of BTC and other digital assets, if you ask it a direct question. The Bitcoin Therapist circumvented this restriction by correctly formulating his query, however, the user did not say how he did it.

As for the forecasts of bitcoin’s value this year, TradingShot analysts expect that by the end of 2023, bitcoin could reach $ 50,000. The analysis focuses on a bullish moving average cross (MACD) that formed on the monthly timeframe about two months ago. This cross prompted experts to draw historical parallels that may indicate a significant rally in the future.

According to analysts, bitcoin could reach the Fibonacci retracement level of 0.786 at $ 50,000 by December 202Z. Further growth of the HTS will be facilitated by the upcoming halving and the potential launch of a Bitcoin ETF.