Artificial intelligence predicts bitcoin’s growth to $ 100,000 in 2023

According to the ChatGPT chatbot, bitcoin may reach a historical high of $ 100,000 to $ 120,000 this year. The artificial intelligence made this prediction based on the optimistic mood of the cryptocurrency community, as most expect positive indicators.

Answering journalists' questions about the likely factors behind the rapid growth of BTC $96,074.88 Bitcoin -0.60% Market capitalization $1.9 trillion VOL. 24 hours $2.29 billion , AI noted that the public acceptance of the flagship digital asset is growing. A large number of investors either continue to hold the token or are just starting to invest in it, considering bitcoin a less risky asset.

According to ChatGPT, the massive influx of institutional investors has been the main factor behind the recent growth of bitcoin. Further growth in confidence in BTC and its potential for expansion are associated with the plans of large financial organizations to introduce digital asset trading services. This has been repeatedly stated by representatives of Goldman Sachs and JPMorgan.

Some analysts agree with ChatGPT’s forecast. For instance, cryptocurrency expert Marshall Byrd believes that BTC really has the potential to reach $ 100,000 this year. Bloomgerg senior strategist Mike McGlone adheres to a more conservative scenario. He suggested that the flagship of the crypto market will reach this level by 2025. In turn, experts from Deutsche Bank expressed the opinion that bitcoin will be able to overcome the $ 100,000 level in 5 years.