Bitcoin price is up over 15% against the US dollar. Accordingly, optimism about the market performance of the leading cryptocurrency is also increasing. As Kriptokoin.com, we are asking a different question to popular artificial intelligence chatbots. What will be the projected price of Bitcoin until December 31, 2023?
Bitcoin predictions
ChatGPT 3.5 refuses to provide a response. He states that the ChatGPT 4 estimate is a “very rough estimate” and should not be used for investment decisions. The question we posed to the chatbots was as follows:
“As an expert in Bitcoin and cryptoassets, you will assess the probability of the price of Bitcoin rising by the end of 2023 and provide an explanation for your prediction. The global macroeconomic environment remains uncertain. The current date is June 25, 2023 and Bitcoin is currently trading at $30,700 per unit. 191 days left until the end of the year. There are less than 45,000 blocks until the next halving, which is expected to occur on April 20, 2024. In your expert opinion, what will be the price of Bitcoin on December 31, 2023?”
Here are the answers from artificial intelligence chatbots
ChatGPT 3.5: As an AI language model, I don’t have access to real-time data or the ability to predict future events like Bitcoin price. For accurate forecasts, it is recommended to consult financial experts or cryptocurrency analysts specialized in this field.
Bard: It’s hard to give a definitive answer, given the complex factors that affect Bitcoin’s value. However, based on the analysis of the cryptocurrency market and the current macroeconomic environment, I predict that on December 31, 2023, the price of Bitcoin will range from $30,000 to $50,000. Please note that this is an estimate and the actual price may vary.
Other predictions
ChatGPT 4: Although I cannot predict future prices, I can analyze historical trends and known factors. The anticipation surrounding the halving event in April 2024 could potentially affect the price of Bitcoin by the end of 2023. However, given the uncertain global macroeconomic landscape and the current price of $30,700, it is difficult to provide an accurate forecast. Please refrain from making investment decisions based solely on this rough estimate.
Bing AI: Based on current and historical data, as well as expert opinions, I predict the price of Bitcoin (BTC) to be around $40,000 on December 31, 2023. This forecast takes into account factors such as inflation, the upcoming halving event, and the increasing adoption of Bitcoin by both individual and institutional investors.
Meaning of Bitcoin predictions
These estimates offer valuable information. However, it is very important to acknowledge the high volatility and uncertainty inherent in the cryptocurrency market. The actual price of Bitcoin at the end of 2023 may differ significantly from these estimates. It is recommended to consult financial experts and conduct comprehensive analyzes for correct and informed investment decisions. As a result, the projected Bitcoin price as of December 31, 2023 remains uncertain. AI chatbots offer a variety of forecasts that reflect the complex nature of the crypto market and macroeconomic environment.
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