I see a lot of people agreeing with AIs prediction and some syas that there has been experts opinion on similar terms that Bitcoin will be finishing this year around $45k mark but I repeat once again not to blindly follow anyone who claims to be experts and AI will source it's result through various analysis and logical reasoning available on web but either of them could go wrong because if we go by AI then all the signals generated by AI bot while trading should be accurate but that isn't the case and if we have to believe in expert's opinion they are the same people who once said Bitcoin will reach $100k back in 2018 which turned out to be a disastrous year, I still remember towards the end 2018 Bitcoin was trading at $3000 the same people used to say Bitcoin is a bubble which has bursted. Please do your own research and analysis along with the news and events related to Bitcoin it will give you best direction about the price.
I don't think this prediction is the same as those ones you're talking about, I mean the way it was conducted is quite different from those of the experts you had mentioned. If six different AI chatbots should make similar result then it's something to watch out for, even as that if any one decides to run analysis and study of the market on his own he's still going to make use of past bitcoin historical chart to guide him to conclusion, similar way these AI followed in gathering the information to arrive to the $45k prediction. No market prediction is accurate but at some point we have to work with something eventually. 
Topic: Bitcoin price $45k by ending of 2023: AI prediction - page 11. (Read 1433 times)
I see a lot of people agreeing with AIs prediction and some syas that there has been experts opinion on similar terms that Bitcoin will be finishing this year around $45k mark but I repeat once again not to blindly follow anyone who claims to be experts and AI will source it's result through various analysis and logical reasoning available on web but either of them could go wrong because if we go by AI then all the signals generated by AI bot while trading should be accurate but that isn't the case and if we have to believe in expert's opinion they are the same people who once said Bitcoin will reach $100k back in 2018 which turned out to be a disastrous year, I still remember towards the end 2018 Bitcoin was trading at $3000 the same people used to say Bitcoin is a bubble which has bursted. Please do your own research and analysis along with the news and events related to Bitcoin it will give you best direction about the price.
So I decided to bring it to the forum to know about what other forum members think about this AI prediction. Is it a prediction you can rely on or it's just one of those common bitcoin price predictions of the decade we are used to from different angles, is there anything special about this one .
Inasmuch as I know AI is just speculating the price of bitcoin in consideration with the current price now, just like every other human is doing their own speculation. Bitcoin is a volatile asset and has the tendency of fluctuating in it's price in the market so projecting the price to be around $45,000 towards the end of the year may not be as accurate as the AI predicted but however the best option now is still to buy and HODL
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Is it a prediction you can rely on or it's just one of those common bitcoin price predictions of the decade we are used to from different angles, is there anything special about this one .
I don't want to rely on AI with price prediction and at the same time, I don't want to rely on these analysts as well. I don't want to rely on anybody when it comes to price predictions. Is it a prediction you can rely on or it's just one of those common bitcoin price predictions of the decade we are used to from different angles, is there anything special about this one .
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Six AI chatbots forecast bitcoin to reach $45k by December 31 2023. From the article the test was first carried out June this year which it was predicted that the price will get to $45k by the end of the 2023 year, and on the 3rd of this month of November 2023 another query test was carried out using 6 different AI chatbots to inquire what the price of bitcoin could be by end of the year and they all gave predictions that points to $45k at most. And the most intriguing thing about this which caught my attention is that it was same price prediction range it gave sometime June this year when the first test was conducted.
AI or not, some experts have also collectively looked at the market, the price chart of Bitcoin, and made their prediction that Bitcoin was going to hit $40k towards the end of the year. Those AIs are also using information from the past price history of Bitcoin to make their predictions. The fact that those AI predicted $45k doesn't mean it's very accurate; it's still speculation, just like humans have always speculated. Nothing special. The AI is not speaking with a guarantee that Bitcoin must get to $45k before December 31. When we speculate about prices, it sometimes doesn't work like that because the market is not in our control. The same is applicable to AI; they don't control the market.
Given how AI and markets both work in similar ways, I’m curious how accurate AI models will be when it comes to Bitcoin. It would make sense to me if AI were able to predict things better than people when it comes to Bitcoin, considering Bitcoin is in my opinion less manipulatable than traditional investments.
Six AI chatbots forecast bitcoin to reach $45k by December 31 2023. From the article the test was first carried out June this year which it was predicted that the price will get to $45k by the end of the 2023 year, and on the 3rd of this month of November 2023 another query test was carried out using 6 different AI chatbots to inquire what the price of bitcoin could be by end of the year and they all gave predictions that points to $45k at most. And the most intriguing thing about this which caught my attention is that it was same price prediction range it gave sometime June this year when the first test was conducted.
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Four months ago, Bitcoin.com News engaged with six generative AI chatbots, prompting them to forecast bitcoin’s value at the close of 2023. The collective consensus of these AI systems anticipated BTC to land between $40,000 and $50,000 by the conclusion of the year. With the year now winding down to its final two months, we repeated the experiment. The updated predictions from the AI chatbots have arrived slightly more conservative than the June estimates.
So I decided to bring it to the forum to know about what other forum members think about this AI prediction. Is it a prediction you can rely on or it's just one of those common bitcoin price predictions of the decade we are used to from different angles, is there anything special about this one . Jump to: