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Author Topic: Bitcoin price $45k by ending of 2023: AI prediction  (Read 1418 times)
AmoreJaz
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November 30, 2023, 11:58:03 PM
Last edit: December 01, 2023, 12:12:03 AM by AmoreJaz
 #141

This would certainly be a sweet christmas for btc HOLDers,

Being an AI prediction its probably more calculated and free of bias,
you would want these AI predictions to be correct, but if this happens way too often what could that lead into :O

Yeah, but where does the AI gets his data to predict though?

And so with that, everyone can make their own prediction based on bitcoin's previous historical log. It might not be as accurate when you crunch the data. But if you have been in the market already, I'm sure we should know how to make those predictions, those wild educated guesses.  Grin

Who wouldn't want to see $45k at the end of 2023? but we will have to wait, we all have our own predictions and hopefully it can match that of the AI as well or even higher.
Based on the past market data the AI could've made the prediction. This is how the majority of the people does the prediction. Everything is on some facts and data, nothing is going to be precise. For now the December month is to begin and we have a month to end the year. Maybe we can experience $50k by the start of 2024 as the market seems good. Good resistance could drive the market reach $40k+ at the earliest.

if you have the inclination of believing such prediction, this is really good to invest or buy more before it reaches to that 45k level. that is, if you think you have the time to wait if in case it doesn't go thru with this specified time. because you might be subjecting your savings and you have your urgent financial needs before your target price becomes a reality.
AI prediction also is based from past history, other net sources of course, but we can't totally guarantee about the actual price or the date that it will actually happen. we are at the same time speculating on this matter.

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December 01, 2023, 11:06:32 AM
 #142

if you have the inclination of believing such prediction, this is really good to invest or buy more before it reaches to that 45k level. that is, if you think you have the time to wait if in case it doesn't go thru with this specified time. because you might be subjecting your savings and you have your urgent financial needs before your target price becomes a reality.
AI prediction also is based from past history, other net sources of course, but we can't totally guarantee about the actual price or the date that it will actually happen. we are at the same time speculating on this matter.
Even if the AI didn't predict this or you don't see such prediction, we are still going to buy BTC and stack more of it because we already know its potential. Anyone can see it on the charts. You can choose to buy even the price passes above $45k or you can wait for it to drop again in exchange for some price discounts.

It is still possible. Selling higher because we bought at highs still requires some great patience since the growth of BTC may now slow down once it already reached a good price point. Waiting is hard. You also said the other reason on why waiting/hodling is difficult, but it can be prevented if we are wise enough to not put most of our money in BTC.

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December 01, 2023, 02:09:43 PM
 #143

Six AI chatbots forecast bitcoin to reach $45k by December 31 2023. From the  article

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.
My advice is for everyone to disregard what AIs say about any trading markets, they are jokers in this regard. They were never coded to know what the market would do but they can use past events and their rich education to "Suggest," not even "Predict," in my own experience. This is why there is always a disclaimer when some AIs like ChatGPT issue any trading/investment or financial advice. They are for suggesting purposes that the AI will not even encourage anyone to use the advice.

I've, in addition, read so many prices called by AIs on what the cryptocurrency market would do, and I think is time for people to start knowing how the financial market works. The market is not something that is 100% predictive based on what has happened or the foreknowledge about anything, but rather dynamic and will ever use its dynamism to fool anyone who thinks they can accurately predict it.

Also don't forget, there are many factors that could affect the behaviour of Bitcoin to be specific, and AI can't see the future of what would happen on the fundamental side of the market whether good or bad as part of such factors. So how could anyone believe what AIs say of Bitcoin? If possible it can know such, by now, we should have known what the SEC would decide upon on Bitcoin's ETF in January.

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December 03, 2023, 01:55:30 AM
 #144

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.

Quote
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 .

  If you rely on AI for your prediction, we know that there is no 100% accurate prediction when it comes to crypto trading or even forex trading. Although, even among other experts who still have emotions, others also said that Bitcoin's price value can be played between 40k and 50k.

  Now, even if their assessment is like that, it will still remain speculation until it happens. Now,  with AI, I don't know if it will also remain speculation since it is an AI bot. If humans can't predict 100%, how about AI?


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December 04, 2023, 08:20:58 AM
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 #145

Also don't forget, there are many factors that could affect the behaviour of Bitcoin to be specific, and AI can't see the future of what would happen on the fundamental side of the market whether good or bad as part of such factors. So how could anyone believe what AIs say of Bitcoin? If possible it can know such, by now, we should have known what the SEC would decide upon on Bitcoin's ETF in January.

The thing about AI predictions is that they can't tell what humans can't tell. Every data they used to make that prediction was given to them by humans. Sometimes it is not updated data. I saw an AI predicts the winner of a sports competition but the AI didn't have the current data of that competition so it made predictions based on the previous year.

When an AI Is given the right data, it would make predictions based on the data it was given, and if all other factors remain constant, the prediction will be close (all other factors hardly remain constant) the difference is they're programmed to understand those data faster than humans.
In the case of this prediction on Bitcoin price this year, it wasn't far from the truth.

I made speculation earlier on this board even before the AI prediction that before the end of the year, Bitcoin will get to $35k - $40k and I was correct. So we can see that the AI didn't go too far from the reality. Bitcoin is at $41k right now and that's not very far from $45k. We know that predictions are never 100% certain.

R


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December 04, 2023, 03:18:02 PM
 #146

Yeah, but where does the AI gets his data to predict though?

And so with that, everyone can make their own prediction based on bitcoin's previous historical log. It might not be as accurate when you crunch the data. But if you have been in the market already, I'm sure we should know how to make those predictions, those wild educated guesses.  Grin

Who wouldn't want to see $45k at the end of 2023? but we will have to wait, we all have our own predictions and hopefully it can match that of the AI as well or even higher.
From the current trend, it is common for AI predictions to always conclude on the latest data.

Yes, I'm sure some of them believe in their own predictions with previous historical records, they have ways to analyze prices including some tools are now adequate, this is not about the accuracy of the results because sure no one is right and precise, but at least with their own predictions it is much better than relying on AI.

Can't wait for the price to $45K, but I think now it will be stuck first and a little correction then sideways in weeks before going to $45k.

R


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December 04, 2023, 04:29:45 PM
 #147

Yeah, but where does the AI gets his data to predict though?

And so with that, everyone can make their own prediction based on bitcoin's previous historical log. It might not be as accurate when you crunch the data. But if you have been in the market already, I'm sure we should know how to make those predictions, those wild educated guesses.  Grin

Who wouldn't want to see $45k at the end of 2023? but we will have to wait, we all have our own predictions and hopefully it can match that of the AI as well or even higher.
From the current trend, it is common for AI predictions to always conclude on the latest data.

Yes, I'm sure some of them believe in their own predictions with previous historical records, they have ways to analyze prices including some tools are now adequate, this is not about the accuracy of the results because sure no one is right and precise, but at least with their own predictions it is much better than relying on AI.

Can't wait for the price to $45K, but I think now it will be stuck first and a little correction then sideways in weeks before going to $45k.

I'm not sure that the correction will be small, I think there is still a bearish expectation in the market and a lot of people are waiting for it. Of course we want the price to go up, but if there is a correction, we can't say no to the buying opportunity that Bitcoin will give us. So I think it's more important how far the price can go down in a correction than if the price stays stable.

I think AI predictions are no different than any human prediction. We all know that the bull season is coming and predictions will be constant.
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December 04, 2023, 05:23:38 PM
 #148

Already I can see a huge change in the market and the value of Bitcoin has increased steadily. Bitcoin price touched $42000 today and it is the highest of this year, and I think Bitcoin price is definitely likely to touch $45,000 by December 31st. At the beginning of 2023, the value of Bitcoin was not very high, but towards the end, the value of Bitcoin increased greatly. And if this AI Bot's future prediction is correct then I think Bitcoin price is definitely going to rise even more. With only a few days left until the end of 2023, the price of Bitcoin may quickly exceed $45,000. And if the prediction of this AI bot is correct then I think it is definitely possible and the value of Bitcoin will increase tremendously.

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December 04, 2023, 07:11:16 PM
 #149

I think AI predictions are no different than any human prediction. We all know that the bull season is coming and predictions will be constant.
You can review several speculation threads on this board, there are some market speculations that are not realistic when it comes to market prices that the market could reach the ATH price this month, although the market has a positive impact now from last month but the possibility of recovering to reach the previous ATH cannot be confirmed , the market is bound to experience some correction in this situation due to the significant upside impact, so I am optimistic on the AI prediction that the market will soon reach $45k by the end of the year.

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December 04, 2023, 07:49:13 PM
 #150

You can review several speculation threads on this board, there are some market speculations that are not realistic when it comes to market prices that the market could reach the ATH price this month, although the market has a positive impact now from last month but the possibility of recovering to reach the previous ATH cannot be confirmed , the market is bound to experience some correction in this situation due to the significant upside impact, so I am optimistic on the AI prediction that the market will soon reach $45k by the end of the year.
The possibility of reaching $45K is already quite positive, but if that really happens to the price of Bitcoin in the market later, that doesn't mean everyone has to make predictions via AI because this could just be a coincidence. Besides, everyone knows that market conditions are now much more positive than last month, so the highest price this year has also occurred this month, namely $42K. And I also think that the increase in Bitcoin prices will continue even though it has to be marked by several corrections.

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December 04, 2023, 11:04:21 PM
 #151

You can review several speculation threads on this board, there are some market speculations that are not realistic when it comes to market prices that the market could reach the ATH price this month, although the market has a positive impact now from last month but the possibility of recovering to reach the previous ATH cannot be confirmed , the market is bound to experience some correction in this situation due to the significant upside impact, so I am optimistic on the AI prediction that the market will soon reach $45k by the end of the year.
The possibility of reaching $45K is already quite positive, but if that really happens to the price of Bitcoin in the market later, that doesn't mean everyone has to make predictions via AI because this could just be a coincidence. Besides, everyone knows that market conditions are now much more positive than last month, so the highest price this year has also occurred this month, namely $42K. And I also think that the increase in Bitcoin prices will continue even though it has to be marked by several corrections.
For now the price had touched the peak price of the year. If this trend continues we can expect $45k within few days as $42375 is touched and now trading around $42000. Myself have the same thought, what had been come out of the AI is just the coincidence and those aren't going to be precise. Price corrections could happen in large scale close to the halving. Now few altcoins were following the bitcoin trend and when most of the altcoins begins to move along with bitcoin we can confirm the continued bullish move of entire crypto market.

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December 04, 2023, 11:33:06 PM
 #152

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.

Quote
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 .


So they read my Nov 1 thread and riffed on it. Not very impressed.

My thread
https://bitcointalk.org/index.php?topic=5472517.0

my predictions


"If we do the 2015 pattern from sept to dec we will rock 2 more months.

35000 x 1.21 = 42350 by dec 1 we got to 42431 dec 4

42350 x 1.1375 = 48173 by jan 1.

opinons and guesses"


so far nailed it pretty well

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December 04, 2023, 11:57:03 PM
 #153

opinons and guesses"


so far nailed it pretty well


yeah I am very much impressed with how you made the comparison and made a prediction of the Bitcoin movement using the 2015 data.  So does this mean we are repeating market price trend history?  '


For now the price had touched the peak price of the year. If this trend continues we can expect $45k within few days as $42375 is touched and now trading around $42000. Myself have the same thought, what had been come out of the AI is just the coincidence and those aren't going to be precise. Price corrections could happen in large scale close to the halving. Now few altcoins were following the bitcoin trend and when most of the altcoins begins to move along with bitcoin we can confirm the continued bullish move of entire crypto market.

If the trends continue it means we have not touched the peak price of the year yet as per the date of your posting.  I also agree that we may break $45k before the month's end if the positive sentiment keeps on growing but I am still vigilant for the possible market bull trap that may happen before the year's end.

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December 05, 2023, 05:57:03 AM
 #154

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.

Quote
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 .

  If you rely on AI for your prediction, we know that there is no 100% accurate prediction when it comes to crypto trading or even forex trading. Although, even among other experts who still have emotions, others also said that Bitcoin's price value can be played between 40k and 50k.

  Now, even if their assessment is like that, it will still remain speculation until it happens. Now,  with AI, I don't know if it will also remain speculation since it is an AI bot. If humans can't predict 100%, how about AI?


Yes, the predictions made by AI in cryptocurrency are mostly wrong. Some predictions are accurate again, but I think they can be as accurate as one percent out of 100%. Moreover, people who use AI to make such predictions and plan to invest and trade accordingly are sure to face huge losses in the future. AI Predictions Earlier, we saw many investors predicting that the price of Bitcoin is likely to increase significantly by the end of December 2023. According to that we can say that before the new year, since half of us are waiting for Bitcoin, the price of Bitcoin must be between $40k and $40k dollars. If people believe all these AI speculation things, I think they are completely wrong because very few predictions are made by these bots. Humans can't predict 100% of the time, most of them are 75% accurate, but bots are even less accurate.

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December 05, 2023, 01:03:00 PM
 #155

If you look at the current price of 41/42k then the profit you can get is 10%, maybe not that high but if you use a lot of capital then the profit will be more pronounced.
but it does not rule out the possibility that bitcoin will close even higher.
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December 05, 2023, 08:33:12 PM
 #156

I am not a big believer in AI for predictions, many try to sell trading robots that are for AI that can predict movements, and they are not good at all, the majority are robots that make you lose, now that an AI comes out saying that, no I'm going to believe them, I think there are more possibilities of believing in anyone who has studied technical analysis and has experience trading because the learning they have is for that person and is applicable to any situation they encounter in the market, now things They can be seen so easily with an AI that says everything, it may happen, but not because this AI has predicted, coincidences exist and I prefer to think that if it happens it is a mere coincidence.

Those who do believe that things can turn out for the better in bitcoin because they have done their own analysis, well for me they have more value, the AI as far as I know can make a lot of mistakes and that is something that is a fact.

R


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stomachgrowls
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December 05, 2023, 08:47:11 PM
 #157

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.

Quote
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 .

  If you rely on AI for your prediction, we know that there is no 100% accurate prediction when it comes to crypto trading or even forex trading. Although, even among other experts who still have emotions, others also said that Bitcoin's price value can be played between 40k and 50k.

  Now, even if their assessment is like that, it will still remain speculation until it happens. Now,  with AI, I don't know if it will also remain speculation since it is an AI bot. If humans can't predict 100%, how about AI?


Yes, the predictions made by AI in cryptocurrency are mostly wrong. Some predictions are accurate again, but I think they can be as accurate as one percent out of 100%. Moreover, people who use AI to make such predictions and plan to invest and trade accordingly are sure to face huge losses in the future. AI Predictions Earlier, we saw many investors predicting that the price of Bitcoin is likely to increase significantly by the end of December 2023. According to that we can say that before the new year, since half of us are waiting for Bitcoin, the price of Bitcoin must be between $40k and $40k dollars. If people believe all these AI speculation things, I think they are completely wrong because very few predictions are made by these bots. Humans can't predict 100% of the time, most of them are 75% accurate, but bots are even less accurate.
People would say it again that they were accurate but only into the time that the price do able to hit up. On the time that this thread had been created on which the price is really that still low. We didnt assume out
that we would be able to see 45k soon but here we are now on which playing about 43k and might be able to hit up 45k end of the year on which no one on this market did really expect for us to climb that high.
Prices are already that almost touching up on that all time high and might be able to reach it out on next year but of course im expecting for some profit taking scenario or simply into those market corrections.
Actually it isnt really that bad to profit take into those people or investors who had bought on 30k+ price.

In speaking about AI predictions then it isnt something that you could rely on, but it isnt bad to take up some possible  suggestions that you could really be able to apply into your
own decision too. So it would really be something situational but dont make yourself that relying into those.

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December 05, 2023, 08:49:41 PM
 #158

If you look at the current price of 41/42k then the profit you can get is 10%, maybe not that high but if you use a lot of capital then the profit will be more pronounced.
but it does not rule out the possibility that bitcoin will close even higher.

Current price reaches $44k in the last couple of hours, although it has decline to $ 43,700. However, we don't know if $45k will be the ending price for bitcoin as per AI. With how the FOMO is right now, we could be reaching around $50k.

But then again, we shouldn't get be relying on our AI tools to make predictions. Will be glad to see it happening, but I guess there are more speculators at the beginning of the year that pointed out that we could be around $40k-$50k at end of the year. So it's not a magic number that anyone hasn't seen or predicted, just saying.

R


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December 08, 2023, 09:02:17 PM
 #159

If you look at the current price of 41/42k then the profit you can get is 10%, maybe not that high but if you use a lot of capital then the profit will be more pronounced.
but it does not rule out the possibility that bitcoin will close even higher.

Current price reaches $44k in the last couple of hours, although it has decline to $ 43,700. However, we don't know if $45k will be the ending price for bitcoin as per AI. With how the FOMO is right now, we could be reaching around $50k.

But then again, we shouldn't get be relying on our AI tools to make predictions. Will be glad to see it happening, but I guess there are more speculators at the beginning of the year that pointed out that we could be around $40k-$50k at end of the year. So it's not a magic number that anyone hasn't seen or predicted, just saying.

The prediction is almost there, so I guess I will say that AI might have gotten this right just a couple of +/- at the end of the year. The best thing is that if this AI prediction could be real as it gets then maybe we can used it often and take advantage of it to make money in the long term.

But I do agree that it's not a magic number, everyone has this figure in mind at the start of the year. I mean in January alone we have a huge uptick already and so it laid down the foundation as to what could happen this year and that's eventually did, a very positive start and end of the year price.

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December 08, 2023, 09:17:00 PM
 #160

If you look at the current price of 41/42k then the profit you can get is 10%, maybe not that high but if you use a lot of capital then the profit will be more pronounced.
but it does not rule out the possibility that bitcoin will close even higher.

Current price reaches $44k in the last couple of hours, although it has decline to $ 43,700. However, we don't know if $45k will be the ending price for bitcoin as per AI. With how the FOMO is right now, we could be reaching around $50k.

But then again, we shouldn't get be relying on our AI tools to make predictions. Will be glad to see it happening, but I guess there are more speculators at the beginning of the year that pointed out that we could be around $40k-$50k at end of the year. So it's not a magic number that anyone hasn't seen or predicted, just saying.

The prediction is almost there, so I guess I will say that AI might have gotten this right just a couple of +/- at the end of the year. The best thing is that if this AI prediction could be real as it gets then maybe we can used it often and take advantage of it to make money in the long term.

But I do agree that it's not a magic number, everyone has this figure in mind at the start of the year. I mean in January alone we have a huge uptick already and so it laid down the foundation as to what could happen this year and that's eventually did, a very positive start and end of the year price.

I don't believe much in AIs, because they are things that we have to use for other things, I have seen some AIs that they promote in telegram groups, and they are not the ones that one would be because they make mistakes anyway, and also those who promote Normally they lose, how can you sell something that does not give results, what I think about AIs is that they do not have the ability to make predictions, and perhaps they are experienced with possible cases where AIs simulate it, for these things it is not good to believe that an AI will make us win, because if AIs were very successful, they would be in the world winning many traders and that is not the case.

What investors do is wait, and why wait for what an AI says if we all know that Bitcoin is going to rise in price, it is something that we all know and that we assume that it will happen and it is like that, it does not matter that it comes to pass. $45k, they prefer to believe more in the articles that are being published from those who study the Bitcoin charts.

R


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