6 AI Chatbots Forecast Bitcoin's 2024 Finale — Predicting $60K to $90K Amid ETF

[sirty143]

6 AI Chatbots Forecast Bitcoin's 2024 Finale — Predicting $60K to $90K Amid ETF Inflows and Halving Hype

In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin’s trading value reached $47,000... See more for yourself here.

Your opinion is greatly appreciated.

[acroman08]

looks like the AI's predictions were heavily influenced by the fact that 11 spot bitcoin ETFs have been approved and the upcoming halving. it's no wonder why the AI's predictions are bullish, they expect new investors coming in after the approval of Bitcoin ETF coupled with the upcoming Bitcoin Halving. but then again, these are still speculations and we are not certain what the AI predictions will actually come true.

[ABCbits]

As usual, i wouldn't take chabot's prediction seriously. I'm not familiar with them, but i expect most or all of them doesn't even browse internet or trained on very recent news for somewhat better prediction. But at least it's more believable than speculation by human who predict extremely low or high price.

[Stompix]

This is a weird one:

Chatgpt:

No, I did not provide that specific response to other users. It's important to note that any attempt to predict the future price of Bitcoin, or any financial asset, involves a high level of uncertainty. The response you mentioned appears to be a speculative approximation, and it's crucial to approach such predictions with caution. Market conditions can change rapidly, and numerous unpredictable factors can influence the price of cryptocurrencies.

Brad clearly repeats three times his answer is based on other analyst published research:

In general, analysts are more bullish on Bitcoin's price
Some analysts believe that Bitcoin could reach a new all-time high

and furthmore:

Ultimately, no one can predict with certainty what the price of Bitcoin will be in 2024.

Other bots went like:

I apologize, but I do not feel comfortable providing a specific price

So my guess is that these are forced answers because it fees the specific parameters in the question forcing the AI to analyze a specific scenario. So I used his own parameter but with the current price and suddenly some like Claude went bearish dropping expectation below the ATH , in the 55k range! Chatgpt still refused the answer and Brad had a new scenario in the 35k range.
Rather than predictions, this is more like like the outcome of a fed in scenario, forcing the bot to consider events as postive.