ChatGPT was asked to name what the price of bitcoin will be at the end of 2023

Artificial intelligence tool ChatGPT was asked to share its forecast regarding the possible pricebitcoin (BTC) by the end of 2023. The condition was the use of indicators such as technical analysis, price statistics and other popular indicators.

And although the chatbot emphasized that forecastingThe future price of BTC is inherently difficult due to the fact that it is influenced by a number of factors. In this regard, the chatbot developed by OpenAI listed increasing adoption, institutional participation, halving, and market sentiment and speculation.

However, artificial intelligence indicated that the leading cryptocurrency could rise in value in the coming years:

As Bitcoin continues to gain acceptance among individuals, organizations, and even governments, this could lead to increased demand and a potential price increase.

Meanwhile, a widely used toolPrice Prediction CoinPriceForecast has made a forecast that BTC will reach $35,085 by the end of 2023, implying an increase of more than 30% from the current price. Note that this figure is $2,000 more than in the February forecast.