Bitcoin price $45k by ending of 2023: AI prediction

[EarnOnVictor]

Would this be a sign that it would replace those kind of trading signals? What an amazing prediction by the AI bot here. I’m pretty curious how the boat analyse this and what are the parameters that were given to it to arrive to this conclusion because it’s somehow accurate with what’s happening now. Maybe we could recreate it or improve more our skills when it comes to trading or such.

Is not yet the end of 2023 and with the price looking as if is not yet to go make a move should be a sign to show that it might get past $45k and AI can be 100% wrong if care isn't taken, which I believe so.
Although the market price is some how having it rough in making a positive move and in the last 48hrs if not more you'd agree with me that we have been seeing a drastic drop in price, just hope this week can start up something positive.

Although bitcoin never touched or surpassed $45k this year, there was a time when bitcoin crossed $44k. So the fact that the AI made a prediction of 45k USD, a quite accurate number and can be considered an unexpected success, you cannot ask it to predict accurately to every detail, to every number. No one can make such relative predictions, including self-proclaimed experts or professional traders. I'm curious what your prediction is for bitcoin later this year when you say AI is making wrong predictions about bitcoin price?
I've never believed in AI predictions before, but this time I was really surprised with its almost accurate prediction.

Don't tell me you are falling for this AI nonsense, such is not capable of predicting the price of any asset accurately, it can only try but the market is too dynamic for that. Come to think of it, what did the AI use to predict the market? It can never do more than the humans that coded it. Also, the market is not what any AI can predict like that, do you know why? Many factors will influence the market over time (technical and fundamentals), so there is a difference between prediction and guesswork. But if one could actually prove with constructive facts the modality that the AI used to get to that figure, maybe I can shift the ground a little. Regardless, the prediction has not passed yet and we are about 2 days to the end of 2023. And with the latest development in the market, I am certain that Bitcoin will never hit the price again However, for it to have hit about $44,500 is a good one, but it was so easy to predict such by everyone even without the AI due to the strong bullish condition of the market at the time the OP wrote it. Figures like $40,000, $45,000 and $50,000 have never been uncommon in Bitcoin speculations, so this is not special.

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[Kemarit]

If that price prediction is said for this year or for the end of this year, everyone only needs to wait about eleven more days before we all end this year quite well and happily at a certain price level even though what the AI predicted has almost come true for all person. Of the several price movements that are still occurring in Bitcoin this month, the price is always held back and corrected when it almost touches $44K and even when it passes $44K in a few days. But if by the end of this year the price of Bitcoin can only be at $44K, that means the accuracy created by AI is only around 90%.

We have a few more days to see the potential for the market to grow at a price of $45k but I am sure the predictions will reach the target because the current market price is $44k, some people may predict again for next year's price analysis using AI, people trust predictions more realistic compared to human predictions which predict high prices that can potentially be achieved over the next 5 years, but actually we need a tool that can accurately predict the price of bitcoin in the next few months.

From several speculation threads that I have reviewed, I might get that the AI predictions in this thread are predictions with the right predictions, many people will trust AI to predict bitcoin for speculation on bitcoin prices in 2024.

Almost but not quiet, we are $42,000 at the end of the year, so it's very close prediction but we all know that if humans or individuals like us have difficulty predicting the price, then what's more with AI. There could still be room for improvement in AI though, but still, AI is feed by us so what do you expect?

At least though as far as the price, we are above $40,000 and that is huge entering 2024, we are in a momentum to get over at least $50,000 before the halving. And if I'm not mistaken, everyone is waiting for the Bitcoin Spot ETF approval this January, so it's huge month for us.

[mich]

Well now we can see the 6 AI Chatbots are correct. Price of Bitcoin is now more then 45k. It is above 45k for first time since April 2022 just ahead of possible ETF approval that might happen any time now.

https://www.livemint.com/market/cryptocurrency/bitcoin-price-surges-above-45-000-for-first-time-since-april-2022-on-etf-approval-hopes-11704165281422.html

[WhyFhy]

Well now we can see the 6 AI Chatbots are correct. Price of Bitcoin is now more then 45k. It is above 45k for first time since April 2022 just ahead of possible ETF approval that might happen any time now.

https://www.livemint.com/market/cryptocurrency/bitcoin-price-surges-above-45-000-for-first-time-since-april-2022-on-etf-approval-hopes-11704165281422.html

If we are going verbatim, it's wrong. "Starting of 2024" would make it correct. (Right?)
But, the results and timing are close enough to establish some good credibility.

Edit ,2023 was a typo.

[KingsDen]

Well now we can see the 6 AI Chatbots are correct. Price of Bitcoin is now more then 45k. It is above 45k for first time since April 2022 just ahead of possible ETF approval that might happen any time now.

https://www.livemint.com/market/cryptocurrency/bitcoin-price-surges-above-45-000-for-first-time-since-april-2022-on-etf-approval-hopes-11704165281422.html

If we are going verbatim, it's wrong. "Starting of 2023" would make it correct. (Right?)
But, the results and timing are close enough to establish some good credibility.

Why would starting of 2023 make it correct. The title of OP said "...by ending of 2023". The timing is highly accurate on the premise of speculation. I have never seen it being so close before. Besides, there has been prediction that bitcoin will not exceed 45k in 2023. It was a popular opinion before AI took up the information. This does not now validate that we should follow the AI verbatim from henceforth.

45k seems reasonable, but I would question how those AIs came to the decision.

A large language model does not simply do maths, does not take past price data into consideration, just makes up a random number from a huge amount of outdated text.

And most of the current generally available AIs are as good as few year old random spam articles scattered around the internet. Because they have exactly been trained on that data.

This is not a decision, but only a prediction based on data that already exists on the internet so that AI can process it more quickly in order to predict the price of Bitcoin which will occur at the end of this year. However, already in the middle of this year the price of Bitcoin still has not reached the predicted price level but is only approaching it and if this price level can reach it in the next two weeks, I think this level will be passed and will not stop at $45K.

We are now at the last days of the year and bitcoin price even dropped a little, but it never realized the AI prediction of $45k but it was really closed to that.  However, if this prediction may fail by the end of this year, then it's very much possible by early january next year. AIs predictions were only based on the onhand datas in the internet so its not really a complete prediction without good basis. Sometimes, AI hits also the exact price prediction but most of the time it didn't or it might only close to the reality.

DYOR is the key. If we can't rely AI to the highest level, then probably our own market analysis will do the math well.

While were processing how AI prediction, it proved us wrong. It has happened as predicted. Although you have said that if the 45k prediction fails at the end of 2023, that will happen in the first week of 2024. We can actually argue that AI uses different time zone, maybe AI is still in 2023
I agree with you that AI makes decisions from random data (some outdated), but the fun of it is that we are happy seeing AI prediction happen.

[Franctoshi]

Good predictions By the AI prediction tools though it happened today, a few days after the end of 2023 December 31st they predicted, but eventually, it was actually a good timing. However, this is not enough reason to rely on this AI for accuracy and doesn't mean they can't be wrong as well, we need to see more of accurate predictions like this in the future to ascertain their credibility. I will only use such AI tools as an aid to my market analysis, but not to rely totally on this AI tools in taking market decisions.

[Kemarit]

Good predictions By the AI prediction tools though it happened today, a few days after the end of 2023 December 31st they predicted, but eventually, it was actually a good timing. However, this is not enough reason to rely on this AI for accuracy and doesn't mean they can't be wrong as well, we need to see more of accurate predictions like this in the future to ascertain their credibility. I will only use such AI tools as an aid to my market analysis, but not to rely totally on this AI tools in taking market decisions.

Yes, as I said before, it was very close, but fortunately, at the start of the year, with all the bullish sentiments all over the crypto market, suddenly we hit $45,000 and even higher. So with the way it looks, it seems that the AI is on the dot, also it's off like a day or two with it's own prediction.

Nevertheless, AI or not, the market seems to be going though to this price. As we all know, this bullishness is because of the Bitcoin ETF approval that everyone is expecting this month. And so they jump on the market already for this big anticipation.