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Topic: Bitcoin price $45k by ending of 2023: AI prediction - page 5. (Read 1433 times)

sr. member
Activity: 1204
Merit: 253
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I think predictions are something that AI doesn't do very well, because predictions are inaccurate but AI calculations are always accurate.
that's why I don't believe in it.
45k$ is too high for bitcoin right now.
We can be in the 35k range by the end of the year, which is very good.
hero member
Activity: 616
Merit: 749
Everyone wants profits but is afraid of losing money. AI does this by generating all existing data and summarizing it very well. But I don't necessarily fully believe the price predictions that AI makes, but the price range will rotate at the end of this year between 40K and 43K. Of course, no one knows even if they use tools such as AI. Many things will change the game in a short time. Just watch for smaller swings within larger swings and If the market continues to rise despite bad news, assume a bullish mood.

The price might still stay at the current range until the end of the year, Bitcoin price is not easily predictable. There's no certainty that the price will be at $45,000 as predicted by the AI. AI don't know the future and we have to stop believing every prediction as we're giving them more credit then they deserved. During the last world cup, many AI predicted wrongly but we're acting like that never happened. All AI do is to put data together but other factors can influence the price of Bitcoin.

The price of Bitcoin at the end of 2023 doesn't really matters as that's just one month away and we shouldn't be investing for very short time. Our investment should be for the far future so we can make more profits from holding. What we should be looking forward to is the price of Bitcoin at the end of 2025 when we're expected to reach a new all time high of Bitcoin. If we're looking towards the future, the price of Bitcoin at the end of the year won't matter.
legendary
Activity: 3024
Merit: 1132
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By this time in October it was all green before getting to this month, now we ain't sure if the price is going up. We're seeing Bitcoin price at $37k and it seems to be the resistance at the moment and $38k has never stayed for a week, is like $37k is going to be the last price we're going to see November giving us.
It doesn't matter whether the price starts to move early or not, it actually a matter of if its mission “Bitcoin" is to reach that $45k price target before the end of the year, Just a week is enough to attain such a price target if we are to go up further before the end of the year, take you for instance, there was a month such scenario happened either August or September can't exactly recall, Few days towards the end of that month, we saw a sudden surge in the price of Bitcoin.
I would say even a few days would be enough, but that doesn't guarantee anything. You can make art with AI because it could check out other art created beforehand and then make something similar, it knows what it must create based on what it was taught and that's understandable.

However, it can't predict bitcoin because that would be reading the future, it's like something that nobody can do, and that is why it can't, what could it do or what does it use based on the answer we already got from it? It can be using what the people showed it, nothing more, so you can make a prediction like this too. In the end, it's not real, and it can't be predicting, that's the future and it can't see to the future, nothing in the world can.
legendary
Activity: 3122
Merit: 1032
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Well I think we must only look into this like some other way of making a prediction. It is not possible to predict the price of Bitcoin even if we use AI. I do like this 'bullish' prediction but there is other charts and ways we can make Bitcoin predictions also.
sr. member
Activity: 882
Merit: 215
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Everyone wants profits but is afraid of losing money. AI does this by generating all existing data and summarizing it very well. But I don't necessarily fully believe the price predictions that AI makes, but the price range will rotate at the end of this year between 40K and 43K. Of course, no one knows even if they use tools such as AI. Many things will change the game in a short time. Just watch for smaller swings within larger swings and If the market continues to rise despite bad news, assume a bullish mood.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
You should not be guided only by what an AI says, because the AI does not have the ability to make predictions, it is something that should not be fully trusted, some AIs may have a very developed way of prediction, but it is not what You must have something to do, I can do many things to buy bitcoin now, because I do know that it will go up, but I don't know, I was thinking that it could reach $50k, and it is a figure that can be made at any time, not at the end This year, in this same month of November it can be done, and bitcoin is like that and the genai price can be given, I don't trust the AI, but I still like its prediction.
Not sure why Nowadays seems like many are relying in AI ? yeah it has a accuracy in some part but crypto? this is an all prediction and relies in Supply and Demand so how come that AI accuracy are applicable here?
I think it is still our research and own prediction that we must follow so if ever we are wrong , there are no blaming but us .
But, we still have hopes for December and see if this AI prediction is going to happen or not.

December is now the special month people talk about, that will bring the highest price that many expected but we shouldn't have our hopes so high because something different might happen just like this month of November, it was suppose to be a month that will bring a positive price without being at a stagnant price, always at $36-37k.
November is some how not that lively compared to October, I just wish to see something different before the end of November and AI isn't going to get the prediction of December right .
35-38k$ is the highest positioning Bitcoin ever had this Month of November meaning we are looking for at least 40-45k$ this December as what many predicted.
for me this is more than enough to expect because of the idea about 2024 is the halving season and yes many things are changing in this month and year.
sr. member
Activity: 756
Merit: 454
But, we still have hopes for December and see if this AI prediction is going to happen or not.

December is now the special month people talk about, that will bring the highest price that many expected but we shouldn't have our hopes so high because something different might happen just like this month of November, it was suppose to be a month that will bring a positive price without being at a stagnant price, always at $36-37k.
November is some how not that lively compared to October, I just wish to see something different before the end of November and AI isn't going to get the prediction of December right .
hero member
Activity: 2282
Merit: 589
Currently $40k to $45k is not much off its real time price, but it may take time and more push to break that resistance. The AI's prediction of $45k this year seems correct, but I can't rely on that prediction because in reality people were already predicting the same amount before anyone even asked the AI. Some holders may have exited when the price of bitcoin hit $38k a few days ago and I believe they just need a little pause before reinvesting in DIP.
There are many excessive speculations that have been predicted by humans but AI predicts more realistically regarding current market prices, we are not talking about similar predictions but I applaud AI's predictions which can be used as price speculation of $45k which is likely to be reached by the end of the year.

The market is currently experiencing resistance but is still holding at $35k even though many shareholders have taken profits from previous price increases, but the bullish era has just begun after the market correction and we predict the halving to be the main factor pushing the market price up to its highest price.
legendary
Activity: 2618
Merit: 1181
There is still a little more than a month left until the end of 2023. Since the Bitcoin market is volatile, it is impossible to predict exactly how much its value will rise. It may be that we don't even get to 40k this year, and it's also possible that we can break 50 to 55k. So it's hard to say exactly how long it will last. Now let's see what happens.
What is happening now in the market is a Bitcoin price correction even though it is still in the $37K range, so reaching a price of around $40K is still quite possible for Bitcoin this year. Moreover, previously Bitcoin also touched the price of $38K even though it only took a little time, but this could also be a sign that moving to $40K is not too difficult for Bitcoin as long as the price correction is not too big and too deep in Bitcoin. But if we rely on predictions from AI for the price of Bitcoin this year, if what is predicted is completely off and wrong, who do we think we will blame in this case?

I'm not sure what caused bitcoin to not be able to maintain its price above $38k, but perhaps a correction was expected rather than breaking $40k. A correction to $37k isn't bad, but it's worth expecting a bigger rally towards the end of the year.

Currently $40k to $45k is not much off its real time price, but it may take time and more push to break that resistance. The AI's prediction of $45k this year seems correct, but I can't rely on that prediction because in reality people were already predicting the same amount before anyone even asked the AI. Some holders may have exited when the price of bitcoin hit $38k a few days ago and I believe they just need a little pause before reinvesting in DIP.
sr. member
Activity: 756
Merit: 454
Despite having Bitcoin seem ranging between $36k and $38k after its last move to 38k ,and facing a bit resistance or difficulty crossing that price level and go further,  I tend to agree or I kind of agree with the AI predictions because I have an analysis which I did that its target is also towards $45k range and above. We still have a month left before the end of the end year ,So Bitcoin still have more time and room to move to the upside and meet up the price target and even go way higher if we eventually gets a break out from the zone.
By this time in October it was all green before getting to this month, now we ain't sure if the price is going up. We're seeing Bitcoin price at $37k and it seems to be the resistance at the moment and $38k has never stayed for a week, is like $37k is going to be the last price we're going to see November giving us.
It doesn't matter whether the price starts to move early or not, it actually a matter of if its mission “Bitcoin" is to reach that $45k price target before the end of the year, Just a week is enough to attain such a price target if we are to go up further before the end of the year, take you for instance, there was a month such scenario happened either August or September can't exactly recall, Few days towards the end of that month, we saw a sudden surge in the price of Bitcoin.




You're on point but with how the market price is going it may give us something very fast to reach that $45k but to me I don't see it coming in a hurry. You're talking about a week, it may just be a day to hit that range, to me I'd like it to even surpass $45k so that the next target would be $50k before the end of this year, if that happens then this year would put a huge smile on the faces of investors and traders. That's my wish honestly, for things to fall in line as we expect, Bitcoin price need to be at a faster pace (positively).
hero member
Activity: 1022
Merit: 600
Despite having Bitcoin seem ranging between $36k and $38k after its last move to 38k ,and facing a bit resistance or difficulty crossing that price level and go further,  I tend to agree or I kind of agree with the AI predictions because I have an analysis which I did that its target is also towards $45k range and above. We still have a month left before the end of the end year ,So Bitcoin still have more time and room to move to the upside and meet up the price target and even go way higher if we eventually gets a break out from the zone.
By this time in October it was all green before getting to this month, now we ain't sure if the price is going up. We're seeing Bitcoin price at $37k and it seems to be the resistance at the moment and $38k has never stayed for a week, is like $37k is going to be the last price we're going to see November giving us.
It doesn't matter whether the price starts to move early or not, it actually a matter of if its mission “Bitcoin" is to reach that $45k price target before the end of the year, Just a week is enough to attain such a price target if we are to go up further before the end of the year, take you for instance, there was a month such scenario happened either August or September can't exactly recall, Few days towards the end of that month, we saw a sudden surge in the price of Bitcoin.


hero member
Activity: 2632
Merit: 833
Despite having Bitcoin seem ranging between $36k and $38k after its last move to 38k ,and facing a bit resistance or difficulty crossing that price level and go further,  I tend to agree or I kind of agree with the AI predictions because I have an analysis which I did that its target is also towards $45k range and above. We still have a month left before the end of the end year ,So Bitcoin still have more time and room to move to the upside and meet up the price target and even go way higher if we eventually gets a break out from the zone.

We might be seeing Bitcoin price at $45k before the first week of December that's if the current price which is $37k gets to $40k this month. But we can't say what this month is going to drop as we head into the last week of November, to me October is better than November, the expectation for this month was high. This month is not that promising and what we expected from the market price is just different from what we're seeing.
By this time in October it was all green before getting to this month, now we ain't sure if the price is going up. We're seeing Bitcoin price at $37k and it seems to be the resistance at the moment and $38k has never stayed for a week, is like $37k is going to be the last price we're going to see November giving us.

With that, $40k is the psychological barrier, it's a round numbers and usually it's tough to break it. But once we got to that price, there will be no looking back as we might go to $45k or even higher. But we need something to FOMO the market again, about the supposedly Bitcoin Spot ETF approval, it seems that the effect of this news has died down a bit that's why the highest we got from it is around $39k only. So let's see if we will hear another positive news that is real that will really put the market into another buying spree from investors, whether institutions or retail investors. It's the start of the last week of this month and it seems that we might be around this price at the end of the week. But, we still have hopes for December and see if this AI prediction is going to happen or not.
sr. member
Activity: 756
Merit: 454
Despite having Bitcoin seem ranging between $36k and $38k after its last move to 38k ,and facing a bit resistance or difficulty crossing that price level and go further,  I tend to agree or I kind of agree with the AI predictions because I have an analysis which I did that its target is also towards $45k range and above. We still have a month left before the end of the end year ,So Bitcoin still have more time and room to move to the upside and meet up the price target and even go way higher if we eventually gets a break out from the zone.

We might be seeing Bitcoin price at $45k before the first week of December that's if the current price which is $37k gets to $40k this month. But we can't say what this month is going to drop as we head into the last week of November, to me October is better than November, the expectation for this month was high. This month is not that promising and what we expected from the market price is just different from what we're seeing.
By this time in October it was all green before getting to this month, now we ain't sure if the price is going up. We're seeing Bitcoin price at $37k and it seems to be the resistance at the moment and $38k has never stayed for a week, is like $37k is going to be the last price we're going to see November giving us.
hero member
Activity: 3192
Merit: 939
I'm beginning to see a weird "self-fulfilling prophecy" here. Grin
1.A bunch of AI chat bots predicts higher BTC price by the end of the year.
2.Many crypto traders see this news and they think "hmm, let's buy more BTC, because the price will increase, several AI chatbots can't be wrong".
3.They start buying more BTC and the BTC price goes to 45K USD, surprisingly fulfilling the prediction/prophecy of those AI bots. Grin
The whole process can go in the opposite direction.
What if the AI bots predict a 10K BTC price by the end of the year.
The traders will see this prediction and start panic selling, which causes the price to drop down to 10K, fulfilling the AI prediction. Grin
WOW, this looks like a way to manipulate the Bitcoin market(and all altcoin markets as well). Grin
hero member
Activity: 1022
Merit: 600
Despite having Bitcoin seem ranging between $36k and $38k after its last move to 38k ,and facing a bit resistance or difficulty crossing that price level and go further,  I tend to agree or I kind of agree with the AI predictions because I have an analysis which I did that its target is also towards $45k range and above. We still have a month left before the end of the end year ,So Bitcoin still have more time and room to move to the upside and meet up the price target and even go way higher if we eventually gets a break out from the zone.
hero member
Activity: 2338
Merit: 737
There is still a little more than a month left until the end of 2023. Since the Bitcoin market is volatile, it is impossible to predict exactly how much its value will rise. It may be that we don't even get to 40k this year, and it's also possible that we can break 50 to 55k. So it's hard to say exactly how long it will last. Now let's see what happens.
What is happening now in the market is a Bitcoin price correction even though it is still in the $37K range, so reaching a price of around $40K is still quite possible for Bitcoin this year. Moreover, previously Bitcoin also touched the price of $38K even though it only took a little time, but this could also be a sign that moving to $40K is not too difficult for Bitcoin as long as the price correction is not too big and too deep in Bitcoin. But if we rely on predictions from AI for the price of Bitcoin this year, if what is predicted is completely off and wrong, who do we think we will blame in this case?
legendary
Activity: 2366
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^Evidently, it is getting closer to be real more and more everyday, we are at 38k right now give or take, and reaching another 7k higher is not really all that crazy, we could definitely see that happening eventually and should be considering that this AI could be right about the situation.

This doesn't mean that we should ask AI all the time, but I didn't believe that AI would be right even just this time, and yet it is getting closer to it. Of course we still have some time for the year to end, we have about 35 days or something, which means that it could be wrong too, maybe we will never reach 45k, maybe we won't even break over 40k, who knows? Or the other way around, maybe we will end at 50k, who knows? We still have some time to see.
I'm actually surprised that the AI's predictions are more realistic than a lot of human speculation on this board, that many speculation threads say the end of year price will close at $60k, or that the price will reach a new ATH early next year, I compare that with the AI's speculation that It can be believed that in relation to the current market price, the current market price remains in the $36k area and it is possible that the market price will be able to reach at least $40k by the end of this year, but all unexpected aspects can happen in a fluctuating market and hope that December is not a bad month for crypto market prices.

AI predictions are based on various aggregated data. Meanwhile, the predictions of people on this forum are mostly their wishes, but they do not rely on technical indicators to predict, so there will be differences. There are even many people who are too optimistic and delusional, they always make unrealistic predictions like bitcoin will reach 1 million USD for the next bull season.

But a prediction is just a prediction with no guarantees because the market is fundamentally unpredictable. Predictions are just for fun discussion, we should not put too much faith or be too dependent on those predictions.
STT
legendary
Activity: 4102
Merit: 1454
AI doesnt have its own model, unless its formulated or been updated with that kind of reasoning.  They do have the ability to search and discover other peoples extrapolations, hopes, guesses and some data.  That means the search AI is reflecting the market rather then bringing in new data of its own or being separate in any way its more of a way to collate data then find a new independent view of BTC trajectory.   People already mistrust Technical analysis, I dont why they'd prefer AI chat bots except it makes those pages of data more digestible and is read out for people to hear which is nice but its nothing solid for its guess.
hero member
Activity: 2618
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There is still a little more than a month left until the end of 2023. Since the Bitcoin market is volatile, it is impossible to predict exactly how much its value will rise. It may be that we don't even get to 40k this year, and it's also possible that we can break 50 to 55k. So it's hard to say exactly how long it will last. Now let's see what happens.
The market is volatile by development. It can be seen all the time. Now the volatility range was seen higher than other time. This is good time for the traders to make better earning. The price of bitcoin have been moving around $37500 for a long time. If something positive happens around the market a good bounce could happen. Even with its regular growth it'll reach above $40k as we were able to see higher growth taking place at the year end. Lets see if 50k happens in 2024 or earlier.
hero member
Activity: 2282
Merit: 589
^Evidently, it is getting closer to be real more and more everyday, we are at 38k right now give or take, and reaching another 7k higher is not really all that crazy, we could definitely see that happening eventually and should be considering that this AI could be right about the situation.

This doesn't mean that we should ask AI all the time, but I didn't believe that AI would be right even just this time, and yet it is getting closer to it. Of course we still have some time for the year to end, we have about 35 days or something, which means that it could be wrong too, maybe we will never reach 45k, maybe we won't even break over 40k, who knows? Or the other way around, maybe we will end at 50k, who knows? We still have some time to see.
I'm actually surprised that the AI's predictions are more realistic than a lot of human speculation on this board, that many speculation threads say the end of year price will close at $60k, or that the price will reach a new ATH early next year, I compare that with the AI's speculation that It can be believed that in relation to the current market price, the current market price remains in the $36k area and it is possible that the market price will be able to reach at least $40k by the end of this year, but all unexpected aspects can happen in a fluctuating market and hope that December is not a bad month for crypto market prices.
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