Accéder au contenu principal

We Asked ChatGPT if Bitcoin (BTC) Price Will Hit New ATH This Year

TL;DR

  • Bitcoin (BTC) may rally in 2023, with factors like market sentiment and economic conditions influencing a potential surge past its all-time high.
  • Potential setbacks including regulatory changes and market manipulation could negatively impact BTC’s value.
  • Price predictions vary, with some extreme views like a $3 million valuation per BTC, while more conservative estimates stand at $38,000 by end of 2023.

What Are BTC’s Chances?

2023 has been a very interesting year for the cryptocurrency industry, with many experts envisioning price rallies for many of the assets, including the largest by market capitalization – Bitcoin (BTC).

As such, we asked ChatGPT whether it could surpass its previous all-time high of almost $70,000 and land on a new peak before January 1, 2024. The AI-powered language model named several factors that could propel such an explosion, with the main one being positive market sentiment. 

Economic conditions such as inflation rates, monetary policy amendments by central banks, and global economic stability could also play a role. In addition, BTC’s spike toward a fresh ATH could be triggered by rising transaction volumes and an increased number of active addresses.

On the other hand, ChatGPT warned that unexpected events, regulatory setbacks, market manipulation, or shifts in investor behavior could negatively affect the valuation of the leading digital asset.

How About BTC Reaching $3 Million?

One person who laid out an extremely bullish BTC price prediction is the X (Twitter) user Luke Broyles. He assumed that the asset had a chance of skyrocketing to a whopping $3 million per coin based on potential growth comparable to the Internet’s early expansion.

Other analysts, such as Josh Olszewics, have outlined less ridiculous forecasts, such as $38,000 by the end of 2023.

Those willing to check the top five BTC price bets coming from prominent figures can take a look at our dedicated video below:

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.


Source link

The post We Asked ChatGPT if Bitcoin (BTC) Price Will Hit New ATH This Year appeared first on Job From Home Blog.

Libellés :

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Jojobet (464)

Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Geri dönüşü yüksek bir heyecana hazır olun! Heybetli rekabet atmosferinde keyifli bir oyun deneyimi sunan öncü bir bahis platformuna hoş geldiniz. İnternetin en güvenilir ve güçlü adreslerinden biri olarak, size en üst düzey kalite standartlarına sahip online bahis fırsatlarını sunmaktan gurur duyuyoruz. Bahis ve şans oyunları tutkunlarının beklentilerini aşan kapsamlı hizmetlerimizle sizi unutulmaz bir yolculuğa çıkarmak için buradayız. Profesyonel ekibimiz, Türkiye’nin en donanımlı ihtiyaçlarına uygun olarak sürekli yenilenen bahis seçenekleriyle geniş bir kumarhane atmosferi ile etkileyici deneyimler sunar. Farklı spor dallarında eşsiz tahmin ve analiz araçlarıyla dolu olan platformumuz, kazandıran oranlarla sizden tam not alacaktır. En yeni teknolojik yazılım alt yapımız sayesinde, kesintisiz ve sorunsuz oyunculuk deneyiminin tadını çıkarabilirsiniz. Şansın, yetene...
Enregistrer un commentaire
Lire la suite

Space loves AI, AI doesn’t love Space

Space-related applications of artificial intelligence and machine learning are often confined to the ground because moving AI onboard satellites, while promising, is significantly more difficult. “Running AI in space is like running a marathon on the moon — impressive if achieved, but limited by the environment,” said Sylvester Kaczmarek, chief technology officer at OrbiSky Systems, a London startup focused on AI edge operations. Advanced processors are power hungry, meaning satellites with onboard AI require large solar panels and extra batteries. Plus, “radiation in space can fry electronics,” Kaczmarek said. Power management is another problem. Many AI devices require very high currents at low voltages. “The demands that AI devices place on power management are new to the space industry,” said Bert Vermeire, Voyager Space chief technology officer. “There are no good solutions with space heritage and it is difficult to identify efficient and small form factor power and manageme...
Enregistrer un commentaire
Lire la suite

Earn BIG Commissions in 2023

In this post, we’re looking at the best niches for affiliate marketing . So, if you’re struggling to choose a niche for your blog or YouTube channel, this list will help. In this list, you’ll learn some key information to help you determine which is the right niche to choose for you. Information like: How big the niche is and its market share The products you can promote Sub niche ideas And some commission rates you can expect Keep reading. Best Niches for Affiliate Marketing We’ve researched and broken down 21 of the best niches for affiliate marketing, so you don’t have to. Let’s dive in. 1. Artificial Intelligence The Artificial Intelligence industry has exploded in recent years and is projected to be valued at close to US$2 trillion by 2030. That’s what makes this one of the best niches for affiliate marketing today. There is also a wide range of AI tools to promote with generous commissions. For example, LinkWhisper is an AI content optimization tool for SEO of...
Enregistrer un commentaire
Lire la suite