Artificial intelligence expects a drop to $ 28 thousand next month for Bitcoin (BTC), which is moving with the rising trend.
The cryptocurrency market has been on a very strong rise in recent days. The success of the USA in reducing inflation, the passing of the update in Ethereum and the fact that Bitcoin began to attract buyers were effective in the rise.
While the levels of 31 thousand dollars were seen on the BTC side, many investors started to think that the bull run in the crypto money market has started. However, artificial intelligence expects a correction on the BTC side in May. The artificial intelligence’s BTC forecast is at an average of $ 28 thousand for the month of May. Also, artificial intelligence predicted that the lowest BTC will see next month will be $ 25,907.
Artificial Intelligence: Fix Time for Bitcoin (BTC)
Artificial intelligence platform PricePredictions has made its May price prediction for Bitcoin (BTC). AI expects a strong correction next month.
Also, the price level that artificial intelligence has set for BTC late this month is around $32,612. Considering that Bitcoin is experiencing a bull run, this correction prediction of artificial intelligence also attracted attention.
Predicting that BTC will see $ 32,618 and then fall to $ 28 thousand, artificial intelligence expects an average correction of close to 15 percent in BTC. After this scenario, which is expected to take place in May, the next price forecast of artificial intelligence is again in the bullish direction.
According to the prediction of artificial intelligence, towards the end of April, the price of BTC will hit the level of $ 32,612. Also, AI thinks that in May, BTC will reach a maximum of $35,965 and a minimum of $25,907. Looking at the average estimate, the target of the popular technology in BTC was 28 thousand dollars.