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The crypto market is experiencing extreme volatility, with Bitcoin (BTC) being down 6% on the weekly chart and whales dumping around $3.45 billion worth of the cryptocurrency over the same period.  While these so-called bear traps are typically indicative of long-term bull cycles, it is still far from clear where the digital hedge is going to be heading in the following weeks, especially with weakening retail sentiment. BTC price prediction To set a BTC price target for September 1, Finbold’s AI prediction agent used multiple LLMs to generate an average forecast for improved accuracy while incorporating momentum-based indicators into its context.  Based on the AI’s predictions, the average BTC price on September 1 will be $111,867, implying a 1.18% downside from the current price of $113,157. BTC price prediction. Source: Finbold Among the three LLMs used in the prediction, only Grok 3 had an optimistic outlook. xAI’s assistant predicted Bitcoin would t...

Summary ⚈ AI models ChatGPT and xAI’s Grok predict Bitcoin could trade between $102,000 and $115,000 by May 31, 2025, driven by ETF inflows and the 2024 halving event ⚈ Bitcoin is showing bullish technical signals above key moving averages with potential to reach $106,000 but faces possible short-term pullbacks ⚈Both AI models view $100,000 as a key resistance level and caution about volatility overbought conditions and macroeconomic risks As Bitcoin (BTC) consolidates around the $95,000 mark, two artificial intelligence (AI) models suggest that the maiden digital currency could finish May trading at $100,000. As of press time, Bitcoin was valued at $95,972, dipping by about 1% in the last 24 hours. On the weekly chart, however, BTC is up almost 2%. Bitcoin seven-day price chart. Source: Finbold Although Bitcoin is still awaiting a decisive move, the asset’s technical indicators paint a cautiously bullish scenario in the coming days. There is a possible ...

Bitcoin (BTC) remains in a consolidation phase, and breaching the $85,000 resistance has emerged as a key target for investors.  Amid this market sentiment, two artificial intelligence (AI) models are projecting that the maiden digital currency is likely to edge higher on May 1 and possibly trade slightly above the $90,000 mark. Overall, insights from OpenAI’s ChatGPT and xAI’s Grok present a cautiously optimistic outlook for Bitcoin. AI predicts Bitcoin price  ChatGPT predicted that Bitcoin will trade between $91,000 and $96,000 by the beginning of May. The model cited continued momentum from Bitcoin’s April 2024 halving, which has historically triggered multi-month rallies. It also highlighted sustained institutional interest, particularly through spot Bitcoin ETFs, which continue to absorb supply during market dips. ChatGPT Bitcoin price prediction for May 1,2025. Source: ChatGPT According to ChatGPT, the technical setup remains bullish followin...

The Bitcoin price plunged 3% in the last 24 hours to trade at $94,204 as of 02:20 a.m. EST on trading volume that plunged 6% to $64.6 billion. This comes as the US Department of Justice (DOJ) was cleared to authorize the sale of about 69,370 Bitcoin that were seized from the Silk Road darknet marketplace. This stash is currently worth around $6.5 billion. 🇺🇸 US government cleared to sell 69,370 bitcoin worth $6.5 billion seized from Silk Road 😬 pic.twitter.com/mrkD6VWGDw — Ajay Kashyap (@EverythingAjay) January 9, 2025 Bitcoin Price Still Showing Signs Of A Bullish Rally The BTC price daily chart reflects a period of significant consolidation after a strong upward rally earlier in the year. The Bitcoin price recently tested a key support zone around $92,000–$94,000, holding up multiple times during pullbacks.  However, resistance at $101,000 (marked in orange) has kept the price in check, creating a well-defined range-bound structure, as...

Fundstrat’s Tom Lee says that digital assets are likely approaching the time when smaller altcoins begin to outshine the larger-cap cryptocurrencies. In a new interview on the Wealthion podcast with SkyBridge Capital founder Anthony Scaramucci, Lee says his firm has already begun recommending Ethereum (ETH) and Solana (SOL) to clients as a way to move out of the risk curve from Bitcoin (BTC). Lee, head of research at Fundstrat, says that investors holding altcoins may have some “alpha” as the market cycle develops. “The answer is yes. We’ve recommended to our clients that if they didn’t want to be Bitcoin-only, that they could look at Bitcoin, Ethereum and Solana because we’ve put those largely in the same category as sort of core cryptos. We are also entering what I think is altseason. Next year is really when I think the crypto market could broaden and this is where those who are really experts on crypto… actually...

The Bitcoin Price rose a fraction of a percent in the last 24 hours to trade at $60.373 as of 03:40 a.m. EST on trading volume that rose 7% to $30 billion. This comes as the US consumer price index (CPI) increased a seasonally adjusted 0.2% in September, putting the annual inflation rate at 2.4%. Both were 0.1 percentage points higher than expected. Meanwhile, core inflation, excluding food and energy, increased 0.3% on the month, putting the annual rate at 3.3%. Bitcoin Price Aims For A Bullish Trend Reversal According to data from GeckoTerminal , the Bitcoin price appears to be in a sideways to slightly bearish phase, as the bulls struggle to keep it above $66,000. The recent downtrend from the $62,200 support allowed the bears to push Bitcoin’s price below both the 50-day and 200-day Simple Moving Averages (SMAs). The Relative Strength Index (RSI) is in the lower-middle range, currently at 42, leaning slightly towards oversold territory (below 50 but not yet below 30). T...

The Bitcoin Price has surged by 0.3% in the last 24 hours to trade at  $59242 as of 8 p.m. EST on a 26% pump in trading volume to $38.9 billion. This rice price comes as Bitcoin ETFs mark the ninth day in August with recorded outflows deviating from the typically positive trend observed in previous months. Among the Bitcoin ETFs, Grayscale’s Bitcoin Trust saw the highest outflow of $70.2 million, followed by ARK’s ARKB with $65 million, Bitwise’s BITB with $16.4 million, Fidelity’s FBTC with $12.9 million, and Invesco’s BTCO with $11.1 million. 🚨 US #ETF 30 AUG: 🔴$176M to $BTC and ⚪$0M to $ETH 🌟 BTC ETF UPDATE (final): -$176M • No US Bitcoin ETFs saw an inflow yesterday. • The total flow for the week is -$227M with outflows on the past 4 days! 🌟 ETH ETF UPDATE (final): $0M • All US Ethereum ETFs had $0 net… pic.twitter.com/g2ek81iNSZ — Spot On Chain (@spotonchain) August 31, 20...