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Author Topic: Bitcoin price $45k by ending of 2023: AI prediction  (Read 1432 times)
Aanuoluwatofunmi
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November 24, 2023, 03:33:01 PM
 #101

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.

You're right, it's good to make use of our personal research about bitcoin, we can make use of what we have learnt and every necessary and required skills to be used in speculating to arrive at our own personal conclusion about what should be expected concerning bitcoin market price, to me AI is not accurately a perfect means to derive a conclusion, though it may give a clue but that doesn't always guarantee an accuracy in them.

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November 24, 2023, 03:59:24 PM
 #102


Its still November and we are heading to $40k, we'll find out next month if these six AIs can go wrong and if they are, then maybe they need another six more to predict. They can't just give up predicting BTC, it's a good tool to encourage lurking investors.

People wouldn't really rely on AIs when it comes to predicting BTC price but if they make predictions close to the price, it may convince those who use AI.
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November 24, 2023, 04:49:00 PM
 #103

Asking a chatbot to predict the price of Bitcoin in the next few months using AI methods seems futile. AI is a powerful tool, but it is not a miracle machine. It can be used to analyze data and detect trends, but it cannot see the future.

AI is created by humans, and humans cannot see the future. We can predict trends based on historical data, but we cannot know for sure what will happen in the future.

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salad daging
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November 24, 2023, 04:58:54 PM
 #104

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.

You're right, it's good to make use of our personal research about bitcoin, we can make use of what we have learnt and every necessary and required skills to be used in speculating to arrive at our own personal conclusion about what should be expected concerning bitcoin market price, to me AI is not accurately a perfect means to derive a conclusion, though it may give a clue but that doesn't always guarantee an accuracy in them.
People are free to do it, they want to use AI or not it depends on the individual because by analyzing yourself who already has the skills does not guarantee accuracy, there will still be satisfaction for us to have done the analysis but in reality the price touches the target and that's what most people do.

I always see a lot of predictions that are generated, the results do show the same whether the price prediction is generated by AI or expert analysis but in the end bitcoin can go up for the next year, and they always say to keep buying before the price continues to rise.

That's all have different principles, sometimes even AI can still be relied on.

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November 24, 2023, 05:47:14 PM
 #105

If you look at the recent performance of the bitcoin market, it seems that the AI prediction which estimates that the price of Bitcoin will reach $45k by the end of 2023 can be achieved because the price of bitcoin is currently trading in the range of $36k-$37k and the market is in a state of recovery after several months The last one was in a bearish phase.

It will definitely touched the price of 45k$ but I think it will be happen in 2024 but during this year bitcoin will cross the value of 40k$ and will reach to almost 43k$. Only one and half month is remaining in this year so may be it happens or may be it reach to 45k$ in next year because we cannot make a right estimation as we are even unfamiliar with next hour.

If price touched the value of 45k$ in this year then it is possible that in next year at the time of halving bitcoin will be at the worth of more than 60k$ or 70k$. Price can change anytime due to volatile market but hopefully fruitful outcomes will appear very soon.



 

 

 

 

 

 


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November 24, 2023, 06:54:33 PM
 #106

^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.

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November 26, 2023, 04:07:53 PM
 #107

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.

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November 26, 2023, 10:34:53 PM
 #108

^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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November 26, 2023, 11:27:22 PM
 #109

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.

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November 27, 2023, 07:45:07 AM
 #110

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.

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November 27, 2023, 09:37:14 AM
 #111

^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.

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November 27, 2023, 10:46:24 AM
 #112

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?
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November 27, 2023, 11:15:55 AM
 #113

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.

 
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davis196
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November 27, 2023, 11:59:10 AM
 #114

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

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November 27, 2023, 12:25:45 PM
 #115

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.











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November 27, 2023, 01:20:39 PM
 #116

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.

 
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November 27, 2023, 01:56:58 PM
 #117

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.



 
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Sexylizzy2813
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November 27, 2023, 05:06:28 PM
 #118

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).











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November 27, 2023, 07:38:08 PM
 #119

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.
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November 27, 2023, 09:01:29 PM
 #120

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.
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