On Thursday, June 19, the price of Bitcoin (BTC) was relatively stable, close to $ 105,000.
Apparently, it is reinforced by growing institutional demand, since corporate balances now show the 135%increase in BTC in annual calculation, according to CoinmarketCap.
Currently, the main cryptocurrency is traded at $ 104.443, which is higher than its 50-day simple sliding average (SMA) of $ 104.296. The 14-day index of relative force (RSI) is neutral with a value of 48.18.
Having taken into account all the data, the ChatGPT of Openai conducted an analysis to determine the potential price of bitcoin at the end of the first half of 2025.
According to AI, by June 30, BTC can be traded at $ 120,000, and the likelihood that the price will fall below $ 90,000 over the same time is 10%.
In the basic scenario, which the algorithm considers the most probable with a probability of 40%, the price of bitcoin will fluctuate in the range from $ 75,000 to $ 90,000.
However, if the institutional demand decreases and cryptocurrency will demonstrate volatility, the price can fluctuate in the range from $ 100,000 to $ 107,000.
In a more bear course of development, which includes a reduction in the influx of exchange funds (ETF) and a decrease in altcoins, the price may fall to $ 90,000.
In the worst case, when the regulators tighten measures, a liquidity crisis or the geopolitical event “Black Swan” will occur, the price may fall below $ 60,000.
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Source: Cryptocurrency
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